Exhibit 16-3 Income for two persons
In Exhibit 16-3, if the income tax system is currently proportional, we know that:
A) Meredith would probably prefer a progressive income tax system while Hillary would probably prefer a regressive income tax system.
B) Meredith and Hillary would both probably prefer a regressive income tax system.
C) Meredith and Hillary would both probably prefer a progressive income tax system.
D) Meredith would probably prefer a regressive income tax system while Hillary would probably prefer a progressive income tax system.
E) Meredith would probably prefer a progressive income tax system while Hillary would probably prefer a head tax.
Correct Answer:
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