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1 The table below gives the taxable income and taxes for three taxpayers under a hypothetical tax system. Income Taxes A $50,000 $6,000 B $90,000
1 The table below gives the taxable income and taxes for three taxpayers under a hypothetical tax system. Income Taxes A $50,000 $6,000 B $90,000 $15,300 $120,000 $30,000 Tax Rate Is the tax rate structure of this tax system proportional, regressive, or progressive? Give a real world example of a type of tax that has this tax rate structure: QUESTION 2 The table below gives the taxable income and taxes for three taxpayers under a hypothetical tax system. Income Taxes Tax Rate A $50,000 $7,500 B $75,000 $11,250 C $115,000 $17,250 Is the tax rate structure of this tax system proportional, regressive, or progressive? Give a real world example of a type of tax that has this tax rate structure
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