If a household's income tax increases by 80% when the household's income increases by 100%, then the tax system is:
A) progressive.
B) proportional.
C) flat.
D) regressive.
Correct Answer:
Verified
Q106: A progressive tax:
A) is the tax rate
Q107: The United States federal government has:
A) a
Q108: Moving from a progressive tax system to
Q109: Which of the following is an example
Q110: The top 20% of all income earners
Q112: Households in the bottom 20% of the
Q113: On average, U.S. households with income in
Q114: A tax whose rates remain constant regardless
Q115: The entire U.S. tax system is moderately:
A)
Q116: A _ has higher rates on people
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents