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-In the Diagram

Question 56

Multiple Choice

-In the diagram A) the tax rate is regressive over all incomes. B) the dollar amount of tax liability falls as income rises. C) all family incomes of less than $5,000 before taxes are raised to $5,000 with the negative tax payment. D) families with incomes of $3,000 receive a $1,000 payment. E) the amounts of negative and positive taxes balance out so the government will just break even.
-In the diagram

A) the tax rate is regressive over all incomes.
B) the dollar amount of tax liability falls as income rises.
C) all family incomes of less than $5,000 before taxes are raised to $5,000 with the negative tax payment.
D) families with incomes of $3,000 receive a $1,000 payment.
E) the amounts of negative and positive taxes balance out so the government will just break even.

Correct Answer: