This topic contains a solution. Click here to go to the answer

Author Question: Differentiate between a progressive tax system and a regressive tax system. What will be an ideal ... (Read 97 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
Differentiate between a progressive tax system and a regressive tax system.
 
  What will be an ideal response?

Question 2

A woman who decides to drive to work rather than take the bus
 
  A) is wasting scarce resources.
  B) is behaving inefficiently.
  C) thinks driving is more economically efficient for her.
  D) is probably paying attention to personal comfort and convenience rather than economic efficiency.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
Answer to Question 1

A progressive tax system is one in which tax rates increase with an increase in taxable base incomes, so that the rich pay higher tax rates than the poor, whereas a regressive tax system is one in which tax rates decrease with increase in taxable income.

Answer to Question 2

C




Yi-Chen

  • Member
  • Posts: 550
Reply 2 on: Jun 29, 2018
Wow, this really help


Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
:D TYSM

 

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?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

For a complete list of videos, visit our video library