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Assume that Congress plans to amend the federal individual income tax to eliminate the itemized...

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Accounting

Assume that Congress plans to amend the federal individual income tax to eliminate the itemized deductions taken on Schedule A of the Form 1040 for medical care, charitable contributions, and home mortgage interest. Which of the following statements is TRUE? Explain
Group of answer choices
A)The amendment will increase the horizontal equity of the tax.
B)Both the amendment will reduce the complexity of the tax and will increase the neutrality of the tax.
C)The amendment will reduce the complexity of the tax.
D)The amendment will increase the neutrality of the tax.

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