A tax that takes a larger share of the income of high-income taxpayers than of low-income taxpayers is called a:
A.sales tax.
B.regressive tax.
C.progressive tax.
D.flat tax.
Correct Answer:
Verified
Q154: The richest 20% of families in the
Q155: Figure: Income Tax Payments Q156: Brianna and Jess must pay an income Q156: A tax that takes a _ percentage Q157: Which of the following does not distort Q158: If a tax system is designed to Q159: A tax that takes a higher percentage Q161: Paying a tax of $10 on an Q162: Taxes paid on the wages received from Q163: Paying a tax of $20 on an![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents