« previous next »

Author Question: A flat tax on personal income, in which the same tax rate is applied to every dollar of income ... (Read 50 times)

mia

  • Hero Member
  • *****
  • Posts: 564
on: Jun 29, 2018
A flat tax on personal income, in which the same tax rate is applied to every dollar of income earned by each taxpayer, is an example of
 
  A) a regressive tax.
  B) a proportional tax.
  C) a progressive tax.
  D) a value-added tax.

Question 2

A tax system that applies a lower marginal tax rate at higher levels of income is
 
  A) progressive.
  B) regressive.
  C) proportional.
  D) backward.


gcook

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

mia

  • Hero Member
  • *****
  • Posts: 564
Reply #2 on: Jun 29, 2018
Correct answers!


gcook

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

The Rate Law The Rate Law
Sources of income for U.S. population aged 65 and over. Sources of income for U.S. population aged 65 and over.
Deep vibration applied with fingertips to the abdomen. Deep vibration applied with fingertips to the abdomen.
Solow Model with Saving Dependent on Income Level Solow Model with Saving Dependent on Income Level
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
A 4.0-kg block slides down a 35 incline at a constant speed when a 16-N force is applied acting ... A 4.0-kg block slides down a 35 incline at a constant speed when a 16-N force is applied acting ...
Video: Brief Summary on Photosynthesis - Animation

For a complete list of videos, visit our video library