=+from $8,000 to $10,000. Compare the percent of income paid in taxes by a family with $15,000

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=+from $8,000 to $10,000. Compare the percent of income paid in taxes by a family with $15,000 in income to that paid by a family with $10,000 in income under a 1% tax on consumption purchases. Is this a proportional, progressive, or regressive tax?

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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