Author Question: Taxes can have different effects on different income groups. Which type of tax takes a larger ... (Read 77 times)

silviawilliams41

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Taxes can have different effects on different income groups. Which type of tax takes a larger percentage of income from high-income groups than from low-income groups?
 
  (a) Progressive
  (b) Regressive
  (c) Proportional
  (d) Flat
  (e) Protective

Question 2

Inflation burdens those individuals living on fixed incomes.
 
  Indicate whether the statement is true or false



diesoon

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Answer to Question 1

(a)

Answer to Question 2

True



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