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    Business
  3. Study Set
    Fundamentals of Taxation
  4. Exam
    Exam 1: Introduction to Taxation, the Income Tax Formula, and Form 1040EZ
  5. Question
    A State or Local Sales Tax Is an Example of A
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A State or Local Sales Tax Is an Example of A

Question 129

Question 129

Multiple Choice

A state or local sales tax is an example of a:


A) Progressive rate structure.
B) Proportional rate structure.
C) Regressive rate structure.
D) Recessive tax structure.

Correct Answer:

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