If you pay $1000 tax on $10 000 income and $2000 tax on $20 000 income, the tax structure is Described as:
A) marginal.
B) progressive.
C) proportional.
D) regressive.
Correct Answer:
Verified
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
Q35: If you pay $1000 tax on $10
Q36: As your income increases, marginal tax rates
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)
Q41: Excise taxes are:
A) progressive taxes.
B) regressive taxes.
C)
Q42: Equalization payments:
A) are made under Established Program
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