Multiple Choice
You are trying to design a tax system that will simultaneously achieve both of the following goals: 1) two people with the same total income would pay taxes of the same amount, and 2) a high-income person would pay a higher fraction of income in taxes than a low-income person. Which of the following tax systems could achieve both goals?
A) a lump-sum tax
B) a regressive tax
C) a progressive tax
D) a proportional tax
Correct Answer:
Verified
Correct Answer:
Verified
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