The tax provisions are the same for all kinds of savings
The tax provisions are included in the Constitution
Both the statements above are correct
Both the statements above are wrong
Answer is Right!
Answer is Wrong!
The correct answer is: D. Both the statements above are wrong.
The tax provisions are not the same for all kinds of savings. For example, there are different tax rates for different types of retirement accounts, such as 401(k)s and IRAs. Additionally, there are different tax rules for different types of investments, such as stocks and bonds.
The tax provisions are not included in the Constitution. The Constitution does not mention taxes at all. The tax laws are made by Congress and are subject to change.
I hope this helps!