Multiple Choice
Exhibit 16-4 Marginal tax rate lines 
In Exhibit 16-4, if A represents state and local taxes and B represents federal income taxes, what is the result of imposing both types of taxes?
A) regressive tax.
B) progressive tax.
C) proportional tax.
D) ability-to-pay tax.
Correct Answer:
Verified
Correct Answer:
Verified
Q107: The ability-to-pay philosophy of taxation argues for
Q107: The ability-to-pay philosophy of taxation argues for
Q108: A proportional tax charges the same percentage
Q109: Which of the following is a regressive
Q110: The three major revenue sources for the
Q111: Since the 1950s, total expenditures in the
Q115: The income security program category for federal
Q116: The term "public sector" refers only to
Q117: Which of the following taxes contributed the
Q255: Which of the following is the largest