Question
What is a lump-sum tax and why don't policymakers (lawmakers) normally suggest a lump-sum tax? Group of answer choices a. It is a tax where
- What is a lump-sum tax and why don't policymakers (lawmakers) normally suggest a lump-sum tax?
Group of answer choices
a. It is a tax where everyone pays at the point of sale. It is also a very regressive type of tax.
b. It is a tax where everyone pays at the point of sale. It is also a very progressive type of tax.
c. It is a tax where everyone pays the same amount in one lump sum. It is also a very proportional type of tax.
d. It is a tax where everyone pays the same amount in one lump sum. It is also a very regressive type of tax.
2...An excise tax is a tax on a specific good, specifically taxes on cigarettes, alcohol and gasoline. Every time someone purchases one of these goods that individual will pay a percentage (say 9%) of the total sales.What type of tax is this?
Group of answer choices
a. Progressive tax
b. Proportional tax
c. Lump-sum tax
d. Regressive tax
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