Multiple Choice
Suppose an income tax is imposed that takes $2,000 from someone with an income of $20,000,$2,500 from someone with an income of $30,000,and $4,000 from someone with an income of $80,000.This tax would be classified as
A) proportional.
B) regressive.
C) progressive.
D) a flat tax.
Correct Answer:
Verified
Correct Answer:
Verified
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