Solved

Which of the Following Statements About a Proportionate Income Tax

Question 14

Multiple Choice

Which of the following statements about a proportionate income tax rate structure is false?


A) A theoretic justification for a proportionate rate is its superior potential for wealth redistribution.
B) Under a proportionate rate structure, the marginal rate equals the average rate.
C) Under a proportionate rate structure, the taxpayer with the least income pays the same percentage of income to the government as the taxpayer with the most income.
D) None of the choices are false.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions