Citizen A in a country earns $130,000 and pays $12,000 in taxes. Citizen B earns $55,000 and

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Citizen A in a country earns $130,000 and pays $12,000 in taxes. Citizen B earns $55,000 and pays $10,000 in taxes. Explain whether the tax structure is progressive or regressive. (HL only)

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Economics Course Book 2020

ISBN: 9781382004961

2020 Edition

Authors: Jocelyn Blink, Ian Dorton

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Question Posted: Mar 13, 2024 03:00 AM

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Citizen A in a country earns $130,000 and pays $12,000 in taxes. Citizen B earns $55,000 and

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Answer Explanation Scenario Two individuals in a specific tax system Citizen A Earns 130000 and pays ...View the full answer

Economics Course Book 2020

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