Table 12-9

-Refer to Table 12-9.A regressive tax is illustrated by tax
A)A only.
B)B or D.
C)C only.
D)A or D.

Name: Table 12-9 -Refer to Table 12-9.A regressive tax is illustrated by tax A)A only. B)B or D. C)C only. D)A or D.
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Question

Table 12-9
 
-Refer to Table 12-9.A regressive tax is illustrated by tax
A)A only. 
B)B or D. 
C)C only. 
D)A or D.

Quizplus · Accepted Answer

A regressive tax is one where the tax rate decreases as the taxable amount increases. In the context of the table, tax B or D would illustrate a regressive tax structure.

Table 12-9 -Refer to Table 12-9.A Regressive Tax Is Illustrated by Tax