1.Each year around April 15, discussions heat up regarding the tax system in the United States. A...

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1.Each year around April 15, discussions heat up regarding the tax system in the United States. A number of people are in favor of replacing the current federal income tax with either a flat tax or a consumption tax. Explain whether the current federal income tax is proportional, progressive, or regressive.

Do the same for a flat tax and a consumption tax.

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Principles Of Economics

ISBN: 9780135161104

13th Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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