A tax of $10 on an income of $100,$25 on an income of $200,and $60 on an income of $300 is:
A) progressive.
B) proportional.
C) regressive.
D) flat.
Correct Answer:
Verified
Q153: Suppose an income tax is levied on
Q154: A progressive tax:
A)takes a larger share of
Q155: A tax is progressive if the tax
Q156: A tax that takes a _ percentage
Q157: A tax that takes a _ is
Q159: A tax that takes a higher percentage
Q160: A tax of $10 on an income
Q161: A tax of $20 on an income
Q162: Use the following to answer question:
Q163: If personal income up to and including
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