Which one of the following is a normative statement a The hi

Which one of the following is a normative statement? a. The highest marginal tax rate for federal income taxation is 38 percent. b. The interest return on municipal bonds is exempt from federal income taxation. c. Federal income taxation has a progressive schedule of rates. d. Federal income tax rates ought to be lowered for low-income group

Solution

Answer is d. Federal Income Tax rates ought to be lowered for low-income Group.

Explanation:

A normative statement is a valued based statement in which advice regarding the right or wrong is given.

However, a positive statement is a statement of facts which establish the cause and effect relationship.