Multiple Choice
A tax that takes a smaller percentage of income as the income increases is called
A) a regressive tax.
B) a progressive tax.
C) a proportional tax.
D) an efficient tax.
E) an excise tax.
Correct Answer:
Verified
Related Questions
A tax that takes a smaller percentage of income as the income increases is called
A) a regressive tax.
B) a progressive tax.
C) a proportional tax.
D) an efficient tax.
E) an excise tax.
Correct Answer:
Verified
