Author Question: The best example of a regressive tax is a. individual income taxes. b. sales tax. c. tax ... (Read 71 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
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
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
 

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

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

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The FDA recognizes 118 routes of administration.

For a complete list of videos, visit our video library