Asked by
Alejandra Lopez
on Dec 11, 2024
Verified
An income tax is proportional if
A) the tax liability of high-income earners exceeds the tax liability of those with low incomes.
B) the tax liability of high-income earners is less than the tax liability of those with low incomes.
C) high-income earners pay a higher percentage of their incomes in taxes than those with low incomes.
D) everyone pays the same percentage of their income in the form of income taxes.
Proportional Income Tax
A tax system where the rate of taxation is the same for all taxpayers, regardless of income level.
- Recognize the effects of progressive, proportional, and regressive taxes on different income levels.
Verified Answer
AS
Learning Objectives
- Recognize the effects of progressive, proportional, and regressive taxes on different income levels.