Asked by
Dakoda Fuller
on Nov 05, 2024Verified
A ________ income tax means that those with a higher income pay the same percentage of their income in taxes as low-income people.
A) regressive
B) progressive
C) proportional
D) consumption-based
Proportional Income Tax
A taxation system where the tax rate remains constant regardless of the amount of income earned.
- Distinguish between different types of tax systems and their impact on income distribution.
Verified Answer
TG
Learning Objectives
- Distinguish between different types of tax systems and their impact on income distribution.