With a proportional tax,as income increases the amount of tax paid
A) eventually phases out to zero.
B) rises as a percentage of income.
C) falls as a percentage income.
D) remains constant as a percentage of income.
E) first rises and then falls as a percentage of income.
Correct Answer:
Verified
Q98: Which of the following types of taxes
Q99: The average tax rate is the
A) percentage
Q100: A sales tax imposed on tires _
Q101: If the average tax rate remains constant
Q102: If the average tax rate falls as
Q104: Assume that the government passes a tax
Q105: When each taxpayer pays the same average
Q106: If the average tax rate increases as
Q107: A tax for which the average tax
Q110: If there is an income tax levied
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