Multiple Choice
Under a regressive tax system, the marginal tax rate for high income taxpayers is
A) higher than the marginal tax rate for low income taxpayers.
B) the same as the marginal tax rate for low income taxpayers.
C) lower than the marginal tax rate for low income taxpayers.
D) Any of the above could be true under a regressive tax system.
Correct Answer:
Verified
Correct Answer:
Verified
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