A tax that requires people with higher incomes to pay a greater proportion of their income to the Internal Revenue Service than those with lower incomes is a ______.
A. proscriptive tax
B. progressive tax
C. federal tax
D. restrictive tax
B. progressive tax
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The "sandwich" generation
A experiences relief when parents help them provide for their children. B cannot take care of themselves due to economic insufficiency. C have a double burden of care: children and parents. D are apt to turn their backs on their children in order to care for parents.
The largest contributors to political campaigns are typically major corporations.
Answer the following statement true (T) or false (F)
If someone falls “below the poverty line,” what do we know about them?
A) They have spent more than six months unemployed. B) They have filed for bankruptcy. C) They lack the minimum income necessary for food, shelter, and clothing. D) They are lower middle class.
Which of the following demographic groups is least likely to live with their parents?
A) white men B) Asian American men C) African American women D) white women