Paying a tax of $10 on an income of $100, a tax of $20 on an income of $200, and a tax of
$30 on an income of $300 is an example of a:
A.regressive tax.
B.proportional tax.
C.progressive tax.
D.benefits tax.
Correct Answer:
Verified
Q145: If a tax system is well designed,
Q147: Figure: Income Tax Payments Q148: Suppose a government imposes an income tax Q148: Paying a tax of $20 on an Q150: A tax that rises less than in Q152: Which of the following statements in correct? Q153: Suppose Governor Meridias decides to initiate a Q154: A progressive tax: Q154: The richest 20% of families in the Q155: Figure: Income Tax Payments ![]()
A.If
A)takes a larger share of![]()
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