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Author Question: A flat tax on personal income, in which the same tax rate is applied to every dollar of income ... (Read 69 times)

mia

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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

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


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mia

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Reply #2 on: Jun 29, 2018
Correct answers!


gcook

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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