Personal Finance Class - Taxes?

How might taxes have an impact on your financial plan?

A.Taxes impact how high interest rates are

B.Taxes control how much of your income you keep

C.Taxes don't apply to money you add to your financial reserve

D.Taxes control the rate of inflation

Will someone please help me with this? I am so stuck! Thank you in advance!

2 Answers

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  • Anonymous
    9 years ago
    Favorite Answer

    B working class people pay effective rate of 30% and super wealth get the lvoer rate of 15%.

    That is why the extension of the middle class tax break is needed so workers can keep more of their money to buy food, medicines and educate their kids.

  • 9 years ago

    B.Taxes control how much of your income you keep

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