A proportional tax is one in which the fraction of income paid in taxes rises as a person’s income increases.
Answer the following statement true (T) or false (F)
False
Economics
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Differentiate between a change in demand and a change in quantity demanded
What will be an ideal response?
Economics
What is the opportunity cost of allocating more and more resources to the production of capital goods?
A. a decrease in real income B. the amount of consumption goods that could have been produced C. the increase in pollution D. the environmental goods foregone
Economics