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

Author Question: What is a defining characteristic of a progressive tax system? a. The tax rate decreases as ... (Read 15 times)

vHAUNG6011

  • Hero Member
  • *****
  • Posts: 514
What is a defining characteristic of a progressive tax system?
 
  a. The tax rate decreases as income increases.
  b. A higher burden is placed on the wealthy.
  c. The funds are typically used only during emergencies.
  d. The sales tax does not apply to all purchases.

Question 2

The Property Tax Relief Fund receives its monies from which of the following sources?
 
  a. dividends from investments
  b. statewide property tax
  c. franchise tax
  d. state and employee contributions



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fwbard

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

Answer: B

Answer to Question 2

Answer: C




vHAUNG6011

  • Member
  • Posts: 514
Reply 2 on: Jul 8, 2018
Excellent


AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

For a complete list of videos, visit our video library