Valencia Dashba tlas Login - Valenc... P Course Home Microsoft Office Ho.. 2021 - 2022 Acade.. Wordtune Editor (2).pdf Dow Page 7 of 7 O 37. Suppose a person with an income of $20,000 pays a tax of $2,000. If the tax is progressive, then how large of a tax will a person with an income of $40,000 pay? a. Exactly $2,000 . Between $2,000 and $4,000. c. Exactly $4,000. d. More than $4,000. 38. Sales and excise taxes are: a. progressive. b. proportional. C. regressive, d. fixed-revenue. 39 Which of the following U.S. taxes is the most consistent with the ability-to-pay principle? The excise tax on gasoline. The federal income tax. C. State sales taxes. The Social Security payroll tax. 40. Jose pays a tax of $24,000 on his income of $60,000, while Richard pays a tax of $3,000 on his income of $30,000. This tax is: a. a flat tax. b. progressive . C. proportional. regressive. 4- 4+ 19 141 & 5 6 Y P