Microeconomics 19th Edition by Campbell McConnell,Stanley Brue,Sean Flynn

Exercise 5

What is meant by a progressive tax? A regressive tax? A proportional tax? Comment on the progressivity or regressivity of each of the following taxes, indicating in each case where you think the tax incidence lies: ( a ) the Federal personal income tax, ( b ) a 4 percent state general sales tax, ( c ) a Federal excise tax on automobile tires, ( d ) a municipal property tax on real estate, ( e ) the Federal corporate income tax, (f) the portion of the payroll tax levied on employers