In the contemporary United States, someone who makes $35,000 a year pays a 10% rate on their first $9,325 dollars, and a 15% rate on the rest of their income. This is an example of a(n)
a. regressive tax policy.
b. progressive tax policy.
c. adaptive tax policy.
d. flat tax policy.
b. progressive tax policy.
You might also like to view...
The expectation that democracies will try to deal with their international disputes by applying the same norms they apply to domestic political conflicts is the foundation of a __________________ explanation of the democratic peace
Fill in the blank(s) with correct word
The Constitution explicitly mentions executive privilege
Indicate whether the statement is true or false.
Which of the following is an example of a bureaucracy?
A. The Internal Revenue Service (IRS) B. The Occupational Safety and Health Administration (OSHA) C. A large university D. A large corporation E. All of these are correct.
Piracy is one form of international crime that has almost been eradicated worldwide in recent years
Indicate whether the statement is true or false