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The Tax Burden for Several Individuals Is as Follows: a Person

Question 15

Multiple Choice

The tax burden for several individuals is as follows: a person earning $20,000 a year pays a 5 percent tax,a person making $30,000 a year pays a 7 percent tax,and a person earning $40,000 a year pays a 10 percent tax.This particular tax system can best be described as which of the following?


A) Sales tax
B) Regressive tax
C) Proportional tax
D) Progressive tax
E) Recapitalized tax

Correct Answer:

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