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Why are "standard deductions" on tax returns called that?

Question 2 options:

because they are the same in every country

because even those who are unemployed must pay them

because optional deductions also exist

because their rates never change over time

1 answer

None of the provided options accurately explain why "standard deductions" on tax returns are called as such. The term "standard deductions" refers to a fixed amount that taxpayers can subtract from their gross income to reduce their overall tax liability. It is a standard and predetermined deduction amount that is applied regardless of individual circumstances.
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