Author Question: The best example of a regressive tax is a. individual income taxes. b. sales tax. c. tax ... (Read 73 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?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

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.

For a complete list of videos, visit our video library