Author Question: The best example of a regressive tax is a. individual income taxes. b. sales tax. c. tax ... (Read 41 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
The best example of a regressive tax is
 
  a. individual income taxes.
  b. sales tax.
  c. tax credits.
  d. admission charges to state and federal parks.
  e. corporate income tax.

Question 2

Individual income tax with a rate that increases as the amount of income rises is
 
  a. a regressive tax.
  b. a progressive tax.
  c. a tax credit.
  d. an income tax surcharge.
  e. an income penalty.



duke02

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

ANS: B

Answer to Question 2

ANS: B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

For a complete list of videos, visit our video library