A tax of $20 on an income of $200,$40 on an income of $400,and $50 on an income of $500 is:
A) regressive.
B) proportional.
C) progressive.
D) inverse.
Correct Answer:
Verified
Q156: A tax that takes a _ percentage
Q157: A tax that takes a _ is
Q158: A tax of $10 on an income
Q159: A tax that takes a higher percentage
Q160: A tax of $10 on an income
Q162: Use the following to answer question:
Q163: If personal income up to and including
Q164: Suppose Governor Meridias initiates a payroll tax
Q165: A tax that takes a _ percentage
Q166: Use the following to answer question:
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents