If Larry Robinson is taxed $100 on an income of $1,000 . Guy Carbonneau is taxed $220 on an income of $2,000 . and Chris Chelios is taxed $390 on an income of $3,000 . the tax system is
a. progressive
b. poll
c. regressive
d. excise
e. proportional
A
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You operate a factory that produces beach towels. Your current level of output equals 2,000 towels per week. Your weekly variable cost equals $8,000 . If your total cost each week equals $9,000 . it follows that:
a. the average variable cost of production equals $2 per towel. b. the average variable cost of production equals $4 per towel. c. the average total cost of production equals $8 per towel. d. none of the above
Stock options were developed as a form of executive compensation
A) in order to enhance accounting profits. B) in order to align CEO performance with shareholder interests. C) in order to align the performance with the performance of the CEO. D) in order to make CEOs more socially aware.