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    Microeconomics Study Set 2
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    Exam 18: Public Choice, Taxes, and the Distribution of Income
  5. Question
    If You Pay $2,000 in Taxes on an Income of $20,000
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If You Pay $2,000 in Taxes on an Income of $20,000

Question 254

Question 254

Multiple Choice

If you pay $2,000 in taxes on an income of $20,000, and a tax of $3,000 on an income of $30,000, then over this range of income the tax is


A) regressive.
B) proportional.
C) progressive.
D) There is insufficient information to answer the question.

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