what effect would a tax increase have on income?\n○ it would reduce gross income.\n○ it would not affect net…

what effect would a tax increase have on income?\n○ it would reduce gross income.\n○ it would not affect net income.\n○ it would increase net income.\n○ it would not affect gross income.

what effect would a tax increase have on income?\n○ it would reduce gross income.\n○ it would not affect net income.\n○ it would increase net income.\n○ it would not affect gross income.

Answer

Answer:

D. It would not affect gross income.

Brief Explanations:

Gross income is total income before deductions like taxes. A tax increase reduces net income (income after taxes) but does not change the pre-tax gross income. Thus, a tax increase does not affect gross income.