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    Exam 1: Taxation and Budgeting: Concepts and Practices
  5. Question
    A Progressive Income Tax Implies That
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A Progressive Income Tax Implies That

Question 20

Question 20

Multiple Choice

A progressive income tax implies that


A) the amount of tax falls with a rise in income
B) the rate of rises with a rise in income
C) both (a) and (b)
D) the rate of tax decreases with a rise in income

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