Author Question: A tax where the rich pay proportionately higher taxes as a share of their income than the poor is ... (Read 89 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
A tax where the rich pay proportionately higher taxes as a share of their income than the poor is also known as a(n)
 
  A) regressive tax.
  B) payroll tax.
  C) flat tax.
  D) progressive tax.
  E) decoupled tax.

Question 2

A tax allocated based on a person's ability to pay, rather than, for example, requiring everyone to pay an equal percentage of their income, is known as a __________ tax.
 
  A) progressive
  B) mandatory
  C) discretionary
  D) regressive
  E) flat



Alyson.hiatt@yahoo.com

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

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?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

For a complete list of videos, visit our video library