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Author Question: Suppose taxes are levied in the following way: No individual pays any taxes on the first $10 000 of ... (Read 173 times)

amymoore

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on: Oct 12, 2022
Suppose taxes are levied in the following way: No individual pays any taxes on the first $10 000 of their income; for every dollar earned above this amount, all individuals pay 20% in taxes. This income-tax system is
◦ progressive, because the average tax rate rises as income rises.
◦ proportional, because the average tax rate is constant for all income levels.
◦ regressive, because the average tax rate declines as income rises.
◦ indexed.
◦ an accurate description of the Canadian system.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by amymoore on Oct 12, 2022

fdsajkl

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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amymoore

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Reply 2 on: Oct 12, 2022
Excellent

Sarahjh

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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