17. what is a tax bracket? a. a special discount for taxpayers b. a range of income that is taxed at a…

17. what is a tax bracket? a. a special discount for taxpayers b. a range of income that is taxed at a specific rate c. a tax only applicable to businesses d. a fixed amount of tax paid by everyone

17. what is a tax bracket? a. a special discount for taxpayers b. a range of income that is taxed at a specific rate c. a tax only applicable to businesses d. a fixed amount of tax paid by everyone

Answer

Brief Explanations:

A tax - bracket is defined as a range of income levels that are subject to a particular tax rate. It's a key concept in income - tax systems to determine how much tax an individual or entity owes based on their income.

Answer:

B. A range of income that is taxed at a specific rate