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Solve clearly Complete the following chart using your notes and the book by placing a check in the box. For each tax, (a) identify if

Solve clearly

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Complete the following chart using your notes and the book by placing a check in the box. For each tax, (a) identify if its progressive, regressive or proportional; (b) follows the benefits or ability to pay principle; (c) is an indirect or direct tax. NOTE: you should have 3 x's per tax Type of Progressive Regressive Proportional Benefit Ability to Indirect Direct Tax Principle Pay Principle Personal Income Corporate Income Sales Excise Property Social Security Estate and Gift

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