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2 are right 1 is wrong Question 18 1 pts Tom earns $35,000 per year. The income tax rate on incomes below $20,000 is 10

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2 are right 1 is wrong

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Question 18 1 pts Tom earns $35,000 per year. The income tax rate on incomes below $20,000 is 10 percent. The rate on income between $20,001 and $35,000 is 15 percent. Which of the following is/are true? The income tax is progressive. The income tax is regressive. Tom's marginal income tax rate is 15 percent. Next

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