Question

question 5 (1 point)
the tax percentage rates within tax brackets often change
a to increase the taxable income of taxpayers.
b when the irs has new leadership.
c to support legislative actions and government expenditures
d as a means to decrease a taxpayers standard deduction.

question 6 (1 point)
in 2017, the amount of revenue generated from the individual income tax was ——————— of the total amount of federal revenue and is the ———————
a a small percentage; main reason for the 2017 tax cuts and jobs act.
b almost one - third; second largest source of revenue generated.
c almost 48 percent; second largest source of revenue to support taxpayers.
d almost 48 percent; leading source of revenue to support government spending.

Explanation:

• Question 5: Tax percentage rates within tax brackets change to support legislative actions and government expenditures. Tax policies are set by the government to fund its operations, programs, and initiatives. Increasing taxable income (a) is not the goal as tax brackets are about the rate on income within a range. New IRS leadership (b) doesn't directly cause rate changes. Decreasing standard deduction (d) is a different tax - related adjustment not related to rate changes in brackets.
• Question 6: In 2017, the individual income tax was almost 48 percent of total federal revenue and was the leading source of revenue to support government spending. It was the largest source of federal revenue, not a small percentage (a), not almost one - third (b), and not the second - largest source (c).

Answer:

Question 5: C. to support legislative actions and government expenditures
Question 6: D. almost 48 percent; leading source of revenue to support government spending