Solved

The Table Above Shows Three Taxpayers,their Incomes,and Taxes Owed

Question 115

Multiple Choice

  The table above shows three taxpayers,their incomes,and taxes owed.The data reflect a ________ income tax system because people pay ________. A)  regressive; a larger portion of their income as taxes B)  progressive; a smaller portion of their income as taxes C)  proportional; the same proportion of their income as taxes regardless of their level of income. D)  flat rate; the same amount of taxes regardless of their income E)  negative; a smaller portion of their income as taxes
The table above shows three taxpayers,their incomes,and taxes owed.The data reflect a ________ income tax system because people pay ________.


A) regressive; a larger portion of their income as taxes
B) progressive; a smaller portion of their income as taxes
C) proportional; the same proportion of their income as taxes regardless of their level of income.
D) flat rate; the same amount of taxes regardless of their income
E) negative; a smaller portion of their income as taxes

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents