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In 2005, the Median Income of Renters Was $26,317 and the Median

Question 67

Multiple Choice

In 2005, the median income of renters was $26,317 and the median income of homeowners was $50,505.If imputed rent were added to household income or rent became deductible, the personal income tax would become


A) more progressive.
B) more regressive.
C) about proportional.
D) less progressive.

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