If you pay $1000 tax on $10 000 income and $1250 tax on $15 000 income, the tax structure is Described as:
A) regressive.
B) progressive.
C) marginal.
D) proportional.
Correct Answer:
Verified
Q30: The following tax is the best example
Q31: The imposition of a government tax:
A) has
Q32: Marginal tax rates are defined as:
A) the
Q33: Indexing refers to:
A) calculating the percentage change
Q34: As your income increases, marginal tax rates
Q36: As your income increases, marginal tax rates
Q37: If you pay $1000 tax on $10
Q38: The ability-to-pay approach to taxation has problems
Q39: The benefits-received approach to taxation is difficult
Q40: Income tax and property tax are both:
A)
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