Income tax and property tax are both:
A) indirect taxes.
B) direct taxes.
C) proportional taxes.
D) regressive taxes.
Correct Answer:
Verified
Q35: If you pay $1000 tax on $10
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
Q41: Excise taxes are:
A) progressive taxes.
B) regressive taxes.
C)
Q42: Equalization payments:
A) are made under Established Program
Q43: Stabilization payments:
A) are paid by the federal
Q44: Which of the following provinces received the
Q45: Which of the following provinces received the
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