Paying a tax of $20 on an income of $100,a tax of $15 on an income of $200,and a tax of $12 on an income of $300 is an example of a _____ tax.
A) flat
B) proportional
C) progressive
D) regressive
Correct Answer:
Verified
Q141: If personal income up to and including
Q142: A _ tax takes a larger share
Q143: _ taxes are paid on the purchase
Q144: A tax of $15 on an income
Q145: Suppose Governor Meridias decides to initiate a
Q147: _ taxes are paid on wages.
A)Income
B)Profits
C)Property
D)Sales
Q148: A _ tax takes a fixed percentage
Q149: The government imposes a tax of $1,000
Q150: A tax that rises less than in
Q151: Suppose Governor Meridias decides to initiate a
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