Under a progressive tax, the average tax rate and the marginal tax rate both increase as income increases.
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Q7: Most economists argue that when federal, state,
Q8: Economists generally agree that sales, property, and
Q9: The federal corporate income tax is essentially
Q10: The Social Security tax has both proportional
Q11: A tax is regressive if it takes
Q13: Under a regressive tax, the marginal tax
Q14: The ability-to-pay principle is founded on the
Q15: The personal income tax and corporate income
Q16: For the federal government, corporate income taxes
Q17: For state and local governments, the largest
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