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) progressive tax.
D) unit tax.
Correct Answer:
Verified
Correct Answer:
Verified
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