Each citizen in Nexus City has to pay $20,000 as income tax. This is an example of a ________.

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Each citizen in Nexus City has to pay $20,000 as income tax. This is an example of a ________.

Each citizen in Nexus City has to pay $20,000 as income tax. This is an example of a ________.
A) proportional income tax
B) progressive income tax
C) lump-sum tax
D) regressive income tax

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Microeconomics

Edition: 1^st

Authors: Acemoglu, Laibson, List

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