Arnold and Lilly have recently had a heated discussion about whether a sales tax is a proportional

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Arnold and Lilly have recently had a heated discussion about whether a sales tax is a proportional tax or a regressive tax. Lilly argues that a sales tax is regressive. Arnold counters that the sales tax is a flat tax. Who is correct?

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Taxation Of Individuals And Business Entities 2015

ISBN: 9780077862367

6th Edition

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

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Question Posted: Jan 20, 2017 09:52 AM

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Arnold and Lilly have recently had a heated discussion about whether a sales tax is a proportional

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Arnold and Lillyare both correct A sales tax by definition is a proportional tax ie as ...View the full answer

Taxation Of Individuals And Business Entities 2015

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