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Vervet County Levies a Real Property Tax Based on the Following

Question 60

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Vervet County levies a real property tax based on the following schedule.  Rate  Assessed value 38$0 to $250,000+18$250,001 and above \begin{array}{rr}\text { Rate }&\text { Assessed value }\\38 & \$-0-\text { to } \$ 250,000 \\+18 & \$ 250,001 \text { and above }\end{array} Which type of rate structure does this tax use?


A) Proportionate
B) Regressive
C) Progressive
D) Dual-bracket

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