A family that earns $20,000 a year pays $4,000 a year in payroll taxes. A family that earns $40,000 a year pays $8,000 a year in payroll taxes. The payroll tax is a ________ tax.
A) progressive
B) regressive
C) proportional
D) benefits-received
Correct Answer:
Verified
Q36: Refer to the information provided in
Q37: The burden of a proportional tax _
Q38: If the marginal tax rate exceeds the
Q39: Which of the following is a base
Q40: The _ is the percentage of a
Q42: The average tax rate is
A) total income
Q43: The _ is an example of a
Q44: Refer to the information provided in
Q45: Refer to the information provided in
Q46: After _, you are left with taxable
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