Under a progressive tax system: a. only the rich are taxed. b. ...

[lilldybug07]

Under a progressive tax system:
 a. only the rich are taxed.
 b. higher marginal taxes are imposed on higher incomes.
  c. lower taxes are imposed on everyone.
 d. everyone pays the same percent of their income for tax.

Question 2

A _____ is a combination of an annuity that consists of coupon payments and a terminal payment of the par value.
 a. share
  b. bond
  c. perpetuity
  d. debenture

[underwood14]

Answer to Question 1

b

Answer to Question 2

B

[lilldybug07]

Thanks for the timely response, appreciate it

[bblaney]

Wow, this really help