If government tax policy requires Jasmin to pay $30,000 in taxes on annual income of $200,000 and
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Question:
If government tax policy requires Jasmin to pay $30,000 in taxes on annual income of $200,000 and Paul to pay $10,000 in tax on annual income of $100,000, then the tax policy is:
-Proportional
- optional
- regressive
-progressive
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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