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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 21
Ms. Jones has a taxable income of $30,000, and she must pay $3,000 in taxes. Mr. Smith has a taxable income of $60,000. How much tax must Mr. Smith pay for the tax system to be
a. progressive?
b. regressive?
c. proportional?
a. progressive?
b. regressive?
c. proportional?
Explanation
Verified
Verified
If person A has $30,000 taxable income a...
Economics for Today 9th Edition by Irvin Tucker
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