Multiple Choice
Suppose there is a system in which Person A earns $10,000 and pays $1,000 in taxes, Person B earns $25,000 and pays $1,000 in taxes, and Person C earns $60,000 and pays $1,000 in taxes.What type of taxation is this?
A) progressive
B) proportional
C) regressive
D) transgressive
Correct Answer:
Verified
Correct Answer:
Verified
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