According to Russ Roberts podcast, proposing a flat tax rate of 19% as opposed to our current tax system generates controversy over tax progressivity. According to Roberts’ guest, Alvin Rabushka, approximately what proportion of business income is taxed?

Select one:

a. A quarter (1/4) of business income.

b. Half of business income.

c. 35% of business income.

d. Three quarters (3/4) of business income.

Answer rating: 100% (QA)

B Half of the business income Because Personal income i... View the full answer