A proportional tax is one in which the fraction of income paid in taxes rises as a person's income increases.
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Q12: A regressive tax is one in which
Q13: Direct taxes are levied on specific economic
Q14: A progressive tax is one in which
Q15: The share of GDP taken by taxes
Q16: For about the past 45 years, federal
Q18: The ability of homeowners to deduct mortgage
Q19: Existing loopholes erode the progressivity of the
Q20: The federal government receives most of its
Q21: Federal tax loopholes in personal income tax
Q22: Above a certain income, the marginal social
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