A person has gotten a new job with a much higher salary. Even though he'll be making more money, he wants to start saving at a much higher rate. As a
result, he plans to spend even less money this year than he did last year.
Which statement best describes the tax situation this person will likely face in
the next year?
A. He will pay more in both property tax and income tax.
B. He will pay more in income tax but less in sales tax.
C. He will pay more in sales tax but less in income tax.
O D. He will pay more in both income tax and sales tax.