« previous next »

Author Question: The best example of a regressive tax is a. individual income taxes. b. sales tax. c. tax ... (Read 86 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Jul 8, 2018
The best example of a regressive tax is
 
  a. individual income taxes.
  b. sales tax.
  c. tax credits.
  d. admission charges to state and federal parks.
  e. corporate income tax.

Question 2

Individual income tax with a rate that increases as the amount of income rises is
 
  a. a regressive tax.
  b. a progressive tax.
  c. a tax credit.
  d. an income tax surcharge.
  e. an income penalty.


duke02

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jul 8, 2018
Answer to Question 1

ANS: B

Answer to Question 2

ANS: B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Unique markings identify individual humpback whales. Unique markings identify individual humpback whales.
Streptococci: Individual bacteria that have a rounded shape and have clumped together to form a ... Streptococci: Individual bacteria that have a rounded shape and have clumped together to form a ...
The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn? The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn?
Income per Capita versus Inequality Income per Capita versus Inequality
Relationship between Income Inequality and Sociopolitical Instability Relationship between Income Inequality and Sociopolitical Instability
Health and Income per Capita: Two Views Health and Income per Capita: Two Views
Video: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library