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This Table Shows Data on Taxes Paid by Three Individuals

Question 62

Multiple Choice

This table shows data on taxes paid by three individuals living in each of three countries: A, B, and C. The tax paid in dollars is based on the marginal tax rates assessed in each of the three countries. Assume that each individual earns an income of exactly $37,000, and there are no deductions or exemptions that need to be applied. This table shows data on taxes paid by three individuals living in each of three countries: A, B, and C. The tax paid in dollars is based on the marginal tax rates assessed in each of the three countries. Assume that each individual earns an income of exactly $37,000, and there are no deductions or exemptions that need to be applied. Reference: Ref 17-2 (Table: A Cross-Country Comparison) According to the data in the table, which country has a regressive tax rate system? A) A only B) B and C only C) C only D) None of the countries has it. Reference: Ref 17-2 (Table: A Cross-Country Comparison) According to the data in the table, which country has a regressive tax rate system?


A) A only
B) B and C only
C) C only
D) None of the countries has it.

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