In 2012, Congress and President Barack Obama passed legislation raising tax rates on families earning $450,000 or

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In 2012, Congress and President Barack Obama passed legislation raising tax rates on families earning $450,000 or more. Did this change in the law make the U.S. tax system more progressive or less progressive? Be sure to provide definitions of progressive tax and regressive tax in your answer.
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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