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Question
Which of the following statements is true of the Congressional Budget Offices estimation about environmental taxes and how Americans spend money on gas and utilities?
A. The poorest 20 percent of Americans spend only 6 percent of their income on gas and utilities.
B. The richest 20 percent of Americans spend 40.2 percent of their income on gas and utilities.
C. The poorest 20 percent of Americans spend 21.4 percent of their income on gas and utilities. D. The United States collects federal taxes on energy (including the federal gas tax) amounting to $10 per ton.
Answer
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