Multiple Choice
A tax system in which the tax rate on everyone's first $10,000 of income is 10 percent, the tax rate on everyone's second $10,000 of income is 15 percent, and the tax rate on all income over $20,000 is 25 percent is a(n) :
A) proportional tax.
B) equitable tax.
C) head tax.
D) unit tax.
E) progressive tax.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: The benefits-received principle of taxation is most
Q26: Voters may choose to remain uninformed about
Q50: Sharon pays a tax of $4,000 on
Q90: The federal personal income tax was designed
Q91: The amount of government expenditures on a
Q94: Currently, _ represents the largest single category
Q96: There is no difference between government expenditures
Q97: Since the 1950s, total private sector expenditures
Q99: Which of the following categories accounted for
Q100: Rational ignorance might explain low voter turnout