Microeconomics 20th Edition by Campbell McConnell, Stanley Brue,Sean Flynn

Exercise 8

What is meant by a progressive tax A regressive tax A proportional tax Comment on the progressivity or regressivity of each of the following taxes, indicating in each case where you think the tax incidence lies: ( a ) the federal personal income tax, ( b ) a 4 percent state general sales tax, ( c ) a federal excise tax on automobile tires, ( d ) a municipal property tax on real estate, ( e ) the federal corporate income tax, ( f ) the portion of the payroll tax levied on employers.