A tax that rises less than in proportion to income is described as:
A) progressive.
B) proportional.
C) regressive.
D) structural.
Correct Answer:
Verified
Q145: Suppose Governor Meridias decides to initiate a
Q146: Paying a tax of $20 on an
Q147: _ taxes are paid on wages.
A)Income
B)Profits
C)Property
D)Sales
Q148: A _ tax takes a fixed percentage
Q149: The government imposes a tax of $1,000
Q151: Suppose Governor Meridias decides to initiate a
Q152: Annual _ taxes are paid on the
Q153: Suppose an income tax is levied on
Q154: A progressive tax:
A)takes a larger share of
Q155: A tax is progressive if the tax
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