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Author Question: Studies of the income tax show that its burden as a percentage of income (Read 86 times)

Collmarie

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Question 1

A proportional income tax means that those with a higher income pay


◦ a lower percentage of their income in taxes than low-income people.
◦ a higher percentage of their income in taxes than low-income people.
◦ the same percentage of their income in taxes as low-income people.
◦ all the taxes in the economy.

Question 2

Studies of the income tax show that its burden as a percentage of income


◦ remains about the same as income increases.
◦ decreases as income rises.
◦ rises slightly as income rises.
◦ initially increases and then decreases as income increases.


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Marked as best answer by Collmarie on Apr 19, 2019

lgoldst9

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Collmarie

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lgoldst9

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