Warren Buffett, the billionaire CEO, has brought attention to the fact that he is taxed at a lower rate than his secretary, who pays almost 30 percent of her income in federal taxes each year. Mr. Buffet is taxed at a lower rate because
A) his salary is diverted into Roth IRA accounts, which are not taxed until the money is dispersed.
B) he has diverted 30 percent of his salary into U.S. Treasury bonds and those are taxed at a lower rate than salaries.
C) he has diverted 30 percent of his salary into pretax investment funds, which are not taxed until the money is dispersed.
D) his income comes from dividends, which are taxed at 15-20 percent.
E) he is older than his secretary and current tax rates are based on income as well as on age.
D
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The main goal of a bureaucracy is to
a. serve the public needs. b. execute the laws of Congress. c. increase in size and secure more funding. d. promote and implement the policies of the president.
State committees have remained very influential in the electoral process by acting as ________
A. national policymakers B. service providers to candidates C. interest groups D. the ultimate authority over the nomination process
Who among the following is a modern president?
A. James Buchanan B. Theodore Roosevelt C. Bill Clinton D. Calvin Coolidge
The achievement gap describes a troubling difference by which students of different ______ and ______ perform educationally.
a. races; incomes b. genders; incomes c. incomes; first languages d. social classes; genders