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Summative Assessment Public Finance and Aggregate Dem... Saved The table below shows labor income for four individuals and the amount each has paid in income

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Summative Assessment Public Finance and Aggregate Dem... Saved The table below shows labor income for four individuals and the amount each has paid in income taxes. Labor Income, Tax Paid, and Average Tax Rate Labor Income Tax Paid Average Tax Rate Individual (dollars (dollars percent Samantha $48, 060 $5, 760 9% Charles 60,066 7, 200 % Amanda 85, 090 10, 200 Young 105,006 12, 606 % Instructions: Enter your answers as a whole number. a. Complete the table above by calculating the average tax rate paid by each individual b. Is the income tax depicted here progressive, regressive, or proportional? The income tax is regressive. The income tax is progressive. O The income tax is proportional

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