Question
According to tax classification, if Jamaicas income tax uses tax bands such that after the tax threshold the next 1,500,097 was taxed at 25% and
According to tax classification, if Jamaicas income tax uses tax bands such that after the tax threshold the next 1,500,097 was taxed at 25% and the next 6,000,001 was taxed at 30%. This would be categorized as:
a.
Regressive Tax
b.
Proportional Tax
c.
Tax Brackets
d.
Progressive Tax
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Managerial Accounting
Authors: Karen Braun, Wendy Tietz, Louis Beaubien
4th Canadian Edition
013544344X, 9780135443446
