Which of the following statements about a progressive tax rate structure is false?
A) Progressive rates increase as the tax base increases.
B) Progressive rates reflect the theory of the declining marginal utility of income.
C) The federal income tax has always used a progressive rate structure.
D) Progressive rates result in greater vertical equity than a proportionate rate.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements about a progressive tax rate structure is false?
A) Progressive rates increase as the tax base increases.
B) Progressive rates reflect the theory of the declining marginal utility of income.
C) The federal income tax has always used a progressive rate structure.
D) Progressive rates result in greater vertical equity than a proportionate rate.

Which of the Following Statements About a Progressive Tax Rate