Multiple Choice
Assuming wealthier people are more likely to experience capital gains than poor people,a tax system that applies a lower rate to this type of income is likely to be
A) progressive.
B) proportional.
C) regressive.
D) unfair to the poor.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q68: Which of the following is an example
Q69: Private goods are goods or services<br>A)that can
Q70: Which one of the following is NOT
Q71: The marginal tax rate and the average
Q72: Define rational ignorance and explain how it
Q74: A national sales tax with a constant
Q75: Assume that a family making $20,000 pays
Q76: The opportunity cost of providing a public
Q77: The choice between a proportional,progressive or regressive
Q78: Which of the following is NOT an