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Home Q & A Board Other Fields Homework Help Business Economics
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mattkat1010 mattkat1010
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5 years ago
Assume a family that earns $20,000 pays $1,000 in income taxes, while a family that earns $40,000 pays $3,750 in income taxes. In this situation, the income tax system is
A) progressive.
B) regressive.
C) proportional.
D) one of the above but we cannot tell which one without more information.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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xonotesxonotes
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5 years ago
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mattkat1010 Author
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#2
5 years ago
I'm still confused, but thanks for answering correctly
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