The federal personal income tax is a
A) flat-rate tax
B) regressive tax
C) progressive tax
D) proportional tax
Correct Answer:
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Q57: According to the _ principle, taxes should
Q58: The benefits-received principle of taxation is least
Q59: According to the _ principle, people with
Q60: As income rises under a progressive tax
Q61: As income rises under a regressive tax
Q63: Property taxes are essentially
A) regressive taxes
B) flat-rate
Q64: Most economists argue that when federal, state,
Q65: Most economists agree that the U.S. system
Q66: The various exemptions, deductions, and credits permitted
Q67: In its purest form, a _ system
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