Karen pays a tax of $300 on her income of $60,000, while Bill pays a tax of $120 on his income of $40,000. This tax is:
A) a flat tax.
B) regressive.
C) progressive.
D) proportional.
Correct Answer:
Verified
Q25: For which of the following taxes is
Q26: A tax where the percentage of income
Q27: A regressive tax is:
A) unconstitutional.
B) based on
Q28: A personal income tax that takes 5%
Q29: A regressive tax results in lower income
Q31: A city wage tax of one percent
Q32: Which of the following is a regressive
Q33: Which of the following is a proportional
Q34: The federal personal income tax is a:
A)
Q35: John pays a local income tax of
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