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Author Question: What is a defining characteristic of a progressive tax system? a. The tax rate decreases as ... (Read 13 times)

vHAUNG6011

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on: Jul 8, 2018
What is a defining characteristic of a progressive tax system?
 
  a. The tax rate decreases as income increases.
  b. A higher burden is placed on the wealthy.
  c. The funds are typically used only during emergencies.
  d. The sales tax does not apply to all purchases.

Question 2

The Property Tax Relief Fund receives its monies from which of the following sources?
 
  a. dividends from investments
  b. statewide property tax
  c. franchise tax
  d. state and employee contributions


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fwbard

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Reply #1 on: Jul 8, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: C


vHAUNG6011

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  • Posts: 514
Reply 2 on: Jul 8, 2018
:D TYSM

dantucker

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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