Multiple Choice
With a lump-sum tax,
A) the average tax rate for high income taxpayers will be the same as the average tax rate for low income taxpayers.
B) the average tax rate for high income taxpayers will be lower than the average tax rate for low income taxpayers.
C) the average tax rate for high income taxpayers will be higher than the average tax rate for high income taxpayers.
D) Any of the above could be true under a regressive tax system.
Correct Answer:
Verified
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