How is the federal income tax a progressive tax? Children pay no taxes, regardless of whether they earn a large income.

A person with a higher income pays more money in taxes although the percentage he or she pays as a tax is less.

Two married people who file their taxes together will pay more taxes than a single person will.

The higher the income a person has, the higher the percentage that person pays in tax.

Name three things the framers of the constitution did to keep the federal government or any part of it from becoming too powerful.

Emma lives on a tight budget. she saves money and also makes intelligent choices when spending it. which statements describe emma's financial skills? select three options.emma is more prepared to meet her basic needs.emma is better prepared to avoid financial setbacks.emma is better able to avoid accumulating assets.emma is more prepared to face emergencies.emma is better able to avoid financial decision-making.

Lots of points: economics: financial institutions that are created only to make personal and business loans are a. banks b. credit unions c. savings and loans d. finance companies