Solved

For a Tax System in Which Higher Income Earners Pay

Question 74

Multiple Choice

For a tax system in which higher income earners pay a larger share of their incomes in taxes,a higher inflation rate:


A) lowers the tax burden of taxpayers.
B) raises the tax burden of taxpayers.
C) does not affect the tax burden of taxpayers.
D) can raise or lower the tax burden of taxpayers,depending on their income levels.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions