Taxes can have different effects on different income groups. Which type of tax takes a larger ...

Author Question: Taxes can have different effects on different income groups. Which type of tax takes a larger ... (Read 82 times)

silviawilliams41

Hero Member
Posts: 560

on: Jun 30, 2018

Taxes can have different effects on different income groups. Which type of tax takes a larger percentage of income from high-income groups than from low-income groups?

(a) Progressive
(b) Regressive
(c) Proportional
(d) Flat
(e) Protective

Question 2

Inflation burdens those individuals living on fixed incomes.

Indicate whether the statement is true or false

diesoon

Sr. Member
Posts: 353

Reply #1 on: Jun 30, 2018

Answer to Question 1

(a)

Answer to Question 2

True

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