Author Question: What is a defining characteristic of a progressive tax system? a. The tax rate decreases as ... (Read 29 times)

vHAUNG6011 · **on:** Jul 8, 2018

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