Question and answer
About half of all federal discretionary spending goes towards A. Social Security. B. civilian salaries. C. education. D. defense.
It is: D. defense
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User: About half of all federal discretionary spending goes towards A. Social Security. B. civilian salaries. C. education. D. defense.

Weegy: It is: D. defense
stan_r|Points 1382|

User: Your neighbor asks you to invest $500 in her new business. You want to invest but are concerned because your neighbor has not had any business experience. How can you offset your risk? A. Ask for a high interest rate in exchange for the loan. B. Invest your $500 in a certificate of deposit. C. Use the $500 to open a savings account. D. Lend you neighbor the $500 and keep your fingers crossed.

Weegy: The answer is A. Ask for a high interest rate in exchange for the loan.
bongche|Points 3801|

User: How is the federal income tax a progressive tax? A. The higher the income a person has, the higher the percentage that person pays in tax. B. A person with a higher income pays more tax, but the percentage is less. C. Two married people who file their taxes together will pay more taxes than a single person will. D. Children pay no taxes, regardless of whether they earn a large income.





Weegy: Taken as a whole, the federal tax system is progressive: on average, households with higher incomes pay a larger share of their income in federal tax than do those with lower incomes. [ In other words, the overall average effective tax rate-total tax paid as a percentage of income-rises as income rises. But not all taxes within the federal system are equally progressive. The estate tax is the most progressive federal tax. The individual and corporate income taxes are also progressive. In contrast, payroll taxes for Social Security and Medicare are regressive, claiming a larger share of income from lower-income than from higher-income households. ]
Expert answered|MrG|Points 2005|

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Asked 12/7/2012 7:13:57 PM
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