A progressive tax is:
A) designed to take a larger percentage of the income of higher-income groups than of lower-income groups
B) designed to take a greater percentage of the income of lower-income groups than of higher-income groups
C) designed so that everybody would be charged the same percentage of their income as taxes.
D) based on the benefits received principle.
E) not based on the ability to pay principle
Correct Answer:
Verified
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Q31: The ability to pay principle suggests that
A)tax
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A)is designed so that everybody
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