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If a New Tax on Luxury Goods Such as Sports

Question 11

Multiple Choice

If a new tax on luxury goods such as sports cars,boats,and helicopters were passed in order to reduce the disparities between the highest and lowest income brackets,we would refer to this as:


A) an entitlement program
B) a tariff
C) a regressive tax policy
D) a policy of redistribution
E) a loophole

Correct Answer:

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