This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The figure below show a simplified version of the current(2021)Canadian federal income-tax system. ... (Read 63 times)

madimontg

  • Full Member
  • ***
  • Posts: 127
on: Oct 12, 2022

The figure below show a simplified version of the current (2021) Canadian federal income-tax system. The marginal income-tax rates for the five ranges of income are 15%, 20.5%, 26%, 29%, and 33% respectively.



FIGURE 18-2

Refer to Figure 18-2. What needs to be true about the five marginal income-tax rates in order for this tax system to be considered regressive?


◦ They need to increase as income increases.
◦ They need to be larger than they are now.
◦ They need to decrease as income increases.
◦ They need to be constant.
◦ They need to be smaller than they are now.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by madimontg on Oct 12, 2022

jbsuccess1

  • Full Member
  • ***
  • Posts: 158
Reply #1 on: Oct 12, 2022
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.
Answer Preview
Only 29% of students answer this correctly


madimontg

  • Member
  • Posts: 127
Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

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?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

The digestive system: functions of the small intestine and large intestine (colon) The digestive system: functions of the small intestine and large intestine (colon)
When the exhaust is lean, the PCM applies a positive current into the pump cell. When the exhaust is lean, the PCM applies a positive current into the pump cell.
The Central Nervous System The Central Nervous System
Serum protein electrophoresis gel of 10 sera. Lanes 1, 2, 3, 5, 8, and 9 show evidence of an ... Serum protein electrophoresis gel of 10 sera. Lanes 1, 2, 3, 5, 8, and 9 show evidence of an ...
Figure of a Woman with a Drawing Showing Evidence of Original Painting and Outlining Design Scheme Figure of a Woman with a Drawing Showing Evidence of Original Painting and Outlining Design Scheme
Earth’s Climate System Earth’s Climate System
Video: Asthma Treatment

For a complete list of videos, visit our video library