Indicate whether you think the following taxes are regressive, proportional, or progressive. Explain your answers. a) A
Question:
Indicate whether you think the following taxes are regressive, proportional, or progressive. Explain your answers.
a) A payroll tax
b) A tax on consumption
c) A property tax
d) A gasoline tax
e) An estate tax (a tax on your wealth when you die)
Which of these taxes do you think is the “fairest”? Why? Explain your answer.
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Related Book For
Principles Of Microeconomics: The Way We Live First
ISBN: 9781000639810
1st Edition
Authors: Feigenbaum S.K., Hafer R.W.
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