A tax that takes a _____ is _____.
A) fixed percentage of income;proportional
B) fixed percentage of income;a benefits tax
C) a smaller share of high income than of low income;progressive
D) larger share of high income than of low income;regressive
Correct Answer:
Verified
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
Q156: A tax that takes a _ percentage
Q158: A tax of $10 on an income
Q159: A tax that takes a higher percentage
Q160: A tax of $10 on an income
Q161: A tax of $20 on an income
Q162: Use the following to answer question:
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