Multiple Choice
The overall federal tax structure is
A) regressive because the average tax rate of those with low incomes is higher than the rate imposed on those with higher incomes.
B) progressive because the average tax rate of those with high incomes is greater than the rate imposed on those with lower incomes.
C) flat because the average tax rate is approximately constant across all income brackets.
D) progressive for income levels up to approximately $100,000 but regressive for income levels above this figure.
Correct Answer:
Verified
Correct Answer:
Verified
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