Say there were an inheritance tax that imposed a tax of 30% of all estates valued at over $1 million. What would the incidence of this tax be?
a) Proportional b) Regressive c) Flat d) Progressive
D
You might also like to view...
Describe one international agreement that is in place and designed to control the production and use of weapons of mass destruction. What incentives motivate compliance? What incentives motivate defiance? Who is most likely to violate this agreement?
What will be an ideal response?
Nuclear proliferation is defined as
A) a world economy characterized by the free movement of goods, capital, labor, and information across national borders. B) a period of intense East-West rivalry that dates back to the Second World War. C) the spread of nuclear weapons to other nations. D) the period of a relaxation of tensions between the United States and China. E) all of the above.
Using a sunglasses analogy, which lens would represent realism?
a. alens that splits the light into numerous rays, revealing multiple slightly different views of the situation b. a very dark lens that blocks most light, allowing the simplest, most narrowly focused view of the situation c. alens that continually changes shades, showing a dynamic view that is never the same as the last one d. alens that makes things appear to move more slowly, allowing the wearer to anticipate events before they occur
How many amendments total have been ratified in the history of the Constitution?
a. ten b. seventeen c. twenty-six d. twenty-seven