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M Inbox (43) -24yazmin x s Savvas Easy Bridge x /s Savvas Realize X /s Savas realize X Is Sawas Realize savvasrealize.com/content/viewer/standalone/loader/view/4 Savvas Realize 19onscorable

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M Inbox (43) -24yazmin x s Savvas Easy Bridge x /s Savvas Realize X /s Savas realize X Is Sawas Realize savvasrealize.com/content/viewer/standalone/loader/view/4 Savvas Realize 19onscorable HJUHSD Students ASB econ/gov . College & Career Ce. Alisha Rhines savvasrealize.com Exit Lesson 1 eText: Understanding Taxes estment Assessment 1. Summarize What does the United States Constitution say about government's power to tax? 2. Draw Conclusions Suppose Michelle earns $40,000 per year and Rosa earns $100,000 per year. Under a proportional tax, who would pay a greater percentage of her income in taxes? 3. Cite Evidence Cite evidence from your reading that illustrates the economic importance of national taxes in the United States. 4. Contrast How do progressive taxes differ from regressive taxes? 5. Predict Consequences Suppose the government imposed a new tax on an item for which demand is typically inelastic. Who would probably end up bearing the incidence of the tax? Why? O CE

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