If the average tax rate falls as income rises, the tax is called a
A) sales tax.
B) progressive tax.
C) flat tax.
D) proportional tax.
E) regressive tax.
Correct Answer:
Verified
Q3: Exhibit 14-1 Q4: If a person's income tax rate decreases Q5: The amount of tax an individual pays Q6: Which of the following formulas correctly represents Q7: If an individual earns an additional $200 Q8: If the average tax rate falls as Q10: A flat tax system that does not Q11: A tax on individuals' incomes is called Q12: Which of the following forms of income Q13: If the average tax rate rises as![]()
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