Arthur pays tax of $5,000 on taxable income of $50,000 while taxpayer Barbara pays tax of $12,000

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Arthur pays tax of $5,000 on taxable income of $50,000 while taxpayer Barbara pays tax of $12,000 on $120,000. The tax is
A). progressive tax
B). proportional tax
C). regressive tax
D). None of the above.

Related Book For answer-question

Thermodynamics for Engineers

ISBN: ?978-1133112860

1st edition

Authors: Kenneth A. Kroos, Merle C. Potter

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Posted Date: Dec 18, 2020 03:24 AM

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Arthur pays tax of $5,000 on taxable income of $50,000 while taxpayer Barbara pays tax of $12,000

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The tax rate is proportional b... View the full answer

Thermodynamics for Engineers

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