us federal income tax is progressive by law, but which best explains why wealthy individuals can often pay…
us federal income tax is progressive by law, but which best explains why wealthy individuals can often pay far less in taxes than the top tax rate?\nhigh - income earners can fight in court for the right to a reduced rate.\nhigh - income earners reduce their tax rates through numerous deductions.\nhigh - income earners use tax laws to their advantage to reduce their tax rates.\nhigh - income earners always place their assets overseas to lower their tax rates.
Answer
Brief Explanations:
High - income earners often use tax laws, including deductions and other provisions, to legally reduce their effective tax rate. While some may fight in court or place assets overseas, the most general and common way is using tax laws to their advantage.
Answer:
High - income earners use tax laws to their advantage to reduce their tax rates.