Multiple Choice
A tax that takes a fixed percentage of income, regardless of the level of income, is a(n) :
A) proportional tax.
B) benefits tax.
C) progressive tax.
D) regressive tax.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q67: Taxes paid on the purchase of specific
Q68: The U.S.tax system is extremely regressive.
Q69: Taxation according to the benefits-received principle is
Q70: The primary source of the difference between
Q71: According to public choice theory, special-interest groups
Q73: The rate that would apply to an
Q74: It would always be irrational for eligible
Q75: In the case of a public good:<br>A)
Q76: Public goods are distinguished from private goods
Q77: A tax that takes a higher percentage