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What effect would a tax increase have on income?
O It would reduce gross income.
O It would not affect net income.
OIt would increase net income.
O It would not affect gross income.

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Answer:

It would not affect gross income.

Explanation:

Gross income is the wage amount before any taxes or deductions are made. A tax increase, therefore, should not have any effect as it has not been applied yet.

Learn more about tax, here:

https://brainly.com/question/12216887?referrer=searchResults - Types of taxes deducted from an employee paycheck.

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