In the Current Model,
A)investment earnings are taxed currently.
B)the initial investment is deductible or excludable from gross income,and the investment earnings are taxed at the end of the investment period.
C)investment earnings are exempt from explicit taxation.
D)investment earnings are taxed at the end of the investment period.

Question

Quizplus · Accepted Answer

In the current model, investment earnings are taxed currently. This means that any income earned from investments is subject to taxation in the year in which it is earned.