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Author Question: Regressive tax rates decrease as the tax base increases. (Read 92 times)

colton

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Question 1

If a taxpayer's total tax liability is $4,000, taxable income is $20,000, and total economic income is $40,000, then the effective tax rate is 20 percent.
◦ true
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Question 2

Regressive tax rates decrease as the tax base increases.
◦ true
◦ false


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Marked as best answer by colton on Sep 13, 2020

ryrychapman11

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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colton

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review


essyface1

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Reply 3 on: Yesterday
Excellent

 

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