12 pts u Question 18 Please choose ONLY THREE of the following four items and respond in the space provided, below: (A) Define each of the following types of tax rates: progressive, regressive, and proportional. Also, provide an example for each type of tax rate. 5 (B) Define each of the following terms: realized gain, recognized gain, and character of gain. (C) Explain the "tax benefit rule" as it applies to the tax treatment of income received. (D) Explain the difference between explicit taxes and implicit taxes. In addition, how are implicit taxes useful when evaluating investment options? Edit View Insert Format Tools Table 12pt Paragraph A or Tv