Solved

Suppose Fairness Is Defined as Those with the Highest Incomes

Question 8

Multiple Choice

Suppose fairness is defined as those with the highest incomes can afford to pay a greater proportion of their income in taxes. Then which of the following taxation systems would be consistent with this notion of fairness?


A) A true flax tax.
B) A flat sales tax on consumption purchases.
C) A progressive tax on income.
D) A fixed federal tax of $5,000 that everyone pays regardless of income status.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions