Multiple Choice
Consider a system in which a person earning $10, 000 pays $1, 000 in taxes, a person earning $25, 000 pays $1, 000 in taxes and a person earning $60, 000 pays $1, 000 in taxes.What type of tax is this?
A) progressive
B) proportional
C) regressive
D) transgressive
E) unfair
Correct Answer:
Verified
Correct Answer:
Verified
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