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Our federal income tax system requires that someone who has $20,000 in taxable income will pay $3,000 in income taxes and someone who has $50,000
Our federal income tax system requires that someone who has $20,000 in taxable income will pay $3,000 in income taxes and someone who has $50,000 in taxable income will pay over $8,000 in income taxes. This means that the federal income tax is what kind of tax?
1) benefits-received principle
2) ability-to-pay principle
3) progressive
4) regressive
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