A tax that that takes the same percentage of a taxpayer's income regardless no matter what their total income is called a _____.
A) proportional tax
B) progressive tax
C) head tax
D) regressive tax
Correct Answer:
Verified
Q15: The principle of vertical equity is satisfied
Q16: The benefit principle views _.
A)a tax as
Q17: Adam Smith noted that when public expenditures
Q18: The benefit principle states that_.
A)people who benefit
Q19: A tax that takes a smaller percentage
Q21: The concept of progressive,proportional,and regressive taxation is
Q22: Taxes on beer are progressive if considered
Q23: A major tax overhaul is more likely
Q24: Consider a world with three income earners.Individual
Q25: Equity issues in taxation are inherently positive
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents