Exhibit 12-3 Income for two persons 
In Exhibit 12-3, if the income tax system is currently proportional, we know that:
A) Meredith has a larger tax bill than Hillary, although they pay the same tax rate.
B) Meredith has a larger tax bill than Hillary and pays a higher tax rate.
C) Hillary has a larger tax bill than Meredith, although they pay the same tax rate.
D) Hillary has a larger tax bill than Meredith and pays a higher tax rate.
E) Meredith and Hillary's tax bills are equal.
Correct Answer:
Verified
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