The actual incidence of payroll taxes in the

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268. The actual incidence of payroll taxes, in the consensus view, isA. split evenly between the worker and the employer.B. more on the employer than on the worker.C. more on the worker than on the employer.D. all on the employer, who remits the tax to the government.AACSB: Knowledge ApplicationAccessibility: Keyboard NavigationBlooms: UnderstandDifficulty: 02 MediumLearning Objective: 20-08 Discuss the probable incidence of U.S. taxes and how thedistribution of income between rich and poor is affected by government taxes, transfers, andspending.Test Bank: IITopic: Probable Incidence of U.S. Taxes269. The federal tax system isA. proportional, while state and local tax structures are largely progressive.B. progressive, while state and local tax structures are largely regressive.C. regressive, while state and local tax structures are largely proportional.D. regressive, while state and local tax structures are largely progressive.AACSB: Knowledge Application20-137
Accessibility: Keyboard NavigationBlooms: UnderstandDifficulty: 02 MediumLearning Objective: 20-08 Discuss the probable incidence of U.S. taxes and how thedistribution of income between rich and poor is affected by government taxes, transfers, andspending.Test Bank: IITopic: Probable Incidence of U.S. Taxes270. In 2013, the top 5 percent of income-tax filers paid what portion of the total U.S. federal income tax?A. close to 60 percentB. about 30 percentC. less than 20 percentD. more than 80 percentAACSB: Knowledge ApplicationAccessibility: Keyboard NavigationBlooms: UnderstandDifficulty: 02 MediumLearning Objective: 20-08 Discuss the probable incidence of U.S. taxes and how thedistribution of income between rich and poor is affected by government taxes, transfers, andspending.Test Bank: IITopic: Probable Incidence of U.S. Taxes271. The federal payroll (Social Security) taxA. increases the progressivity of the federal tax system.B. offsets some of the progressivity of the federal tax system.C. offsets some of the regressivity of the federal tax system.D. decreases the proportionality of the federal tax system.AACSB: Knowledge ApplicationAccessibility: Keyboard NavigationBlooms: UnderstandDifficulty: 02 MediumLearning Objective: 20-08 Discuss the probable incidence of U.S. taxes and how thedistribution of income between rich and poor is affected by government taxes, transfers, andspending.Test Bank: IITopic: Probable Incidence of U.S. Taxes20-138

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