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  2. Topic
    Business
  3. Study Set
    Public Finance
  4. Exam
    Exam 1: Taxation and Budgeting: Concepts and Practices
  5. Question
    If with the Increase in Income, the Percentage of Income
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If with the Increase in Income, the Percentage of Income

Question 3

Question 3

Multiple Choice

If with the increase in income, the percentage of income collected as tax remains constant, tax will be called


A) regressive
B) progressive
C) proportional
D) neutral

Correct Answer:

verifed

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