Use the following to answer questions :
-(Figure: Income Tax Payments)Use Figure: Income Tax Payments.Which panel or panels BEST represent the effects of a regressive income tax?

Question

Use the following to answer questions : 
-(Figure: Income Tax Payments)Use Figure: Income Tax Payments.Which panel or panels BEST represent the effects of a regressive income tax?

Quizplus · Accepted Answer

Panel c best represents the effects of a regressive income tax, where the tax rate decreases as income increases, leading to a larger burden on lower-income individuals.

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