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Author Question: A tax levy whose burden weighs equally on all persons, regardless of their income is called? a) ... (Read 56 times)

jman1234

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on: Jul 8, 2018
A tax levy whose burden weighs equally on all persons, regardless of their income is called?
 
  a) proportional tax
  b) benefits tax
  c) progressive tax
  d) inelastic tax
  e) regressive tax

Question 2

Which of the following is an accurate description of the Texas tax system?
 
  a) The state has a progressive tax system because of its reliance on sales and property taxes.
  b) The state has a proportional tax system because of its reliance on the sales tax.
  c) The state has a regressive tax system because of its reliance on income and property taxes.
  d) The state has a regressive tax system because of its reliance on property, sales and excise taxes.
  e) The state has a fair tax system because most state revenue comes from gambling.


Anonymous

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Reply #1 on: Jul 8, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: D


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