Question

which of the following statements about taxes is FALSE? A-Taxes are collected a the local, state and federal level. B-Some states don't collect income tax. C-Some states don't collect sales tax. D-Taxes a the local, state and federal level are all equal

Answer 1

I believe the answer is: Taxes at the local, state, federal levels are all equal

The amount of tax rate on federal level is higher compared to the tax rate on state and local level, so they are definitely not equal. For average people, the amount of tax payment would be directly taken from their salary payment by the companies where they work.

Answer 2

The option D is correct. Taxes at the local, state and federal level are all equal. This statement is incorrect.

Further Explanation:

Tax is the amount of payment an individual and corporation pay to the government from its income. In the united states of America, the state, local and federal levels charged tax differently on the individual. The individual pays tax on the tax rate of the individual. Corporations pay tax on the company tax rate.  

 

Justification for the correct and incorrect answer:

A.

Taxes are collected at the local, state and federal level: This option is incorrect.  

This statement is true, as the government charged taxes on all level state, local and federal levels. The rate of tax is different for all the levels.  

B.

Some states don’t collect income tax: This option is incorrect.  

This statement is true, as the states do not collect income tax. It depends on the state to state. This statement can not become false.  

C.

Some states don’t collect sales tax: This option is incorrect.

Sales tax is charged on the sales value. This statement is true, as some states do not collect sales tax.  

D.

Taxes at the local, state and federal level are all equal: This option is incorrect.

This statement is false. As the tax on local, state and federal levels are not equal. All level is charged a different rate of tax. Federal tax is the same for all individuals. But the local and state tax is charged differently.  

Learn more:

1. Learn more about state income tax

brainly.com/question/2996312

2. Learn more about personal taxation

brainly.com/question/1762937

3. Learn more about bond tax-free interest

brainly.com/question/1442514

Answer details:

Grade: Middle School

Subject: Taxation

Chapter: Taxes

Keywords:

taxes, federal, state, local level, individuals, corporations, amount of payment, rate of tax, income tax, sales tax, different tax rate.