Multiple Choice
Table 20.1 :
The table shows the taxable income range and marginal tax rates for a single taxpayer in Oceania.There are no exemptions or deductions on personal income taxes in Oceania.
-Refer to Table 20.1. The income tax in Oceania is
A) progressive.
B) regressive.
C) proportional.
D) a flat tax.
Correct Answer:
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