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Author Question: The figure below show a simplified version of the current(2021)Canadian federal income-tax system. ... (Read 18 times)

madimontg

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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
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Marked as best answer by madimontg on Oct 12, 2022

jbsuccess1

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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.
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madimontg

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

flexer1n1

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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