2 years ago

How do taxes work in the U. S. government?

1 answer:

3 0

Answer:Income up to the standard deduction (or itemized deductions) is thus taxed at a zero rate. Federal income tax rates are progressive: As taxable income increases, it is taxed at higher rates. Different tax rates are levied on income in different ranges (or brackets) depending on the taxpayer's filing status.

Explanation:

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