Alvaro pays $40 in tax on a $120 item. Nurul pays $80 in tax on a $240 item. We can conclude that this is a _____ tax.
A) flat
B) lump-sum
C) progressive
D) regressive
Correct Answer:
Verified
Q222: A progressive tax is a tax that
A)
Q223: A flat tax is a tax that
A)
Q224: A tax that falls in percentage of
Q225: The Medicare tax is a
A) flat tax.
B)
Q226: Subira earns $125,000 a year and pays
Q228: Each of these purchases typically requires a
Q229: A tax that is placed on the
Q230: State sales taxes are considered by many
Q231: Proposals to increase an excise tax usually
Q232: Tax incidence is defined as
A) how federal
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