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Author Question: In the United States, the individual income tax is best described as a a. regressive tax b. ... (Read 76 times)

Charlie

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on: Jul 1, 2018
In the United States, the individual income tax is best described as a
 a. regressive tax
  b. proportional tax
  c. flat tax
  d. progressive tax
  e. repressive tax

Question 2

Which of the following would indicate that a tax is regressive?
 a. High-income people pay 5,000 . low-income people pay 2,000.
  b. High-income and low-income people pay 200 each.
  c. High-income people pay 20 percent of their income in taxes; low-income people pay 10 percent.
  d. Both high-income and low-income people pay 10 percent of their income in taxes.
  e. Low-income people are exempt from the tax.


itsakadoozi

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

B


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