Some important taxes are regressive, such as provincial sales taxes. In an effort to achieve proportionality in the overall tax system it is therefore necessary to impose
A) consumption taxation.
B) substantial progressivity in income taxes.
C) a flatrate tax.
D) a negative income tax.
E) efficiency in the tax system.
Correct Answer:
Verified
Q5: Q66: The excess burden of an excise tax Q67: The various provincial sales taxes are mildly Q69: The diagram below shows supply and demand Q70: In 2008, tax revenues collected by all Q72: Which of the following best describes the Q73: The Goods and Service Tax (GST) taxes Q74: The Canadian federal government's system of "equalization Q75: The table below shows 2009 federal Q76: A tax that takes a smaller percentage
A)
A)
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