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Consider the following scenario Kathleen has taxable income of $475,000 and income taxes payable of $47,500 Nancy has taxable income of $90,000 and taxes payable

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Consider the following scenario Kathleen has taxable income of $475,000 and income taxes payable of $47,500 Nancy has taxable income of $90,000 and taxes payable of $9,000. This scenario represents which type of tax system? A. progressive B. regressive C. flat D. GST

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