Question: 3. a. Fill out the table below assuming that the government imposes a lump-sum tax of $6,000 on all individuals. $10,000 20,000 30,000 40,000 b.
3.
a. Fill out the table below assuming that the government imposes a lump-sum tax of $6,000 on all individuals. $10,000 20,000 30,000 40,000
b. a. Compare the taxes for someone making $10,000 to those ofsomeone making $50,000 in part a above. Is this tax system progressive, regressive, or proportional? Explain. Fill out the table below assuming that the government taxes 20 percent of all income. $10,000 20,000 30,000 40,000
b. Compare the taxes for someone making $10,000 to those ofsomeone making $50,000 in part a above. Is this tax system progressive, regressive, or proportional? Explain.
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