Multiple Choice
Vervet County levies a real property tax based on the following schedule.
Rate Assessed value
3% $-0- to $250,000
+ 1% $250,001 and above
-Which type of rate structure does this tax use?
A) Proportionate
B) Regressive
C) Progressive
D) Dual-bracket
Correct Answer:

Verified
Correct Answer:
Verified
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