Define individual income tax. A. Individual income tax is the tax an individual pays to the government based on their income from wages. B. Individual income tax is a tax levied on corporations. C. Individual income tax is a tax levied on the value of property or land. D. Individual income tax is a tax paid on a specific product. The producer often passes the cost of the tax to the consumer.

Economics Today and Tomorrow, Student Edition
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Chapter16: Government Spends, Collects, And Owes
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Problem 22AA
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Define individual income tax.

A. Individual income tax is the tax an individual pays to the government based on their income from wages.
B. Individual income tax is a tax levied on corporations.
C. Individual income tax is a tax levied on the value of property or land.
D. Individual income tax is a tax paid on a specific product. The producer often passes the cost of the tax to the consumer. 
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