Multiple Choice
An income tax is regressive if
A) lower-income households pay a larger share of their income in taxes than higher-income households.
B) most of the tax revenue is used to benefit lower-income households.
C) higher-income households pay a larger share of their income in taxes than lower-income households.
D) most of the tax revenue is used to benefit higher-income households.
Correct Answer:
Verified
Correct Answer:
Verified
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