Multiple Choice
Provincial sales taxes are
A) progressive because higher income earners pay more tax.
B) regressive because they tax consumption at the same rate for both rich and poor.
C) regressive because higher income families don't pay as much tax as lower income families.
D) proportional because everyone is charged the same percentage tax rate.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: Some economists argue for a _ tax
Q13: A proportional income tax structure implies that<br>A)marginal
Q14: The free-rider problem is encountered when<br>A)all individuals
Q15: Suppose the income tax rate is zero
Q16: Government goods are<br>A)merit goods supplied by government.<br>B)public
Q18: An example of a regressive tax is
Q19: A family making $30,000 pays $4,500 in
Q20: A consumption tax would<br>A)discourage saving because individuals
Q21: Which of the following commodities is a
Q22: One distinguishing characteristic of a public good