Which, if any, of the following taxes are proportional (rather than progressive)?
A)State general sales tax
B)Federal corporate income tax
C)Federal estate tax
D)Federal gift tax
E)All of these

Question

Quizplus · Accepted Answer

A state general sales tax is proportional as everyone pays the same percentage of their purchase, regardless of their income level. The other taxes listed are progressive in nature. The Federal corporate income tax, estate tax, and gift tax all increase as the subject's overall income or assets increase.

Which, If Any, of the Following Taxes Are Proportional (Rather