Which of the following statements about a regressive tax rate structure isĀ false?
A. A regressive rate structure places a proportionally heavier tax burden on taxpayers with smaller tax bases than persons with greater tax bases.
B. Regressive rates decrease as the tax base increases.
C. A regressive rate structure cannot result in vertical equity.
D. None of the above is false.
Answer: C
You might also like to view...
Supply chain management has helped many companies improve the efficiency of operations
a. True b. False Indicate whether the statement is true or false
Standard cost systems can enhance operational control through the use of
A) efficiency variances which indicate the need for corrective action. B) price variances which indicate the need for better spending control. C) standard costs which indicate the desired cost of a unit of input. D) actual costs which indicate the price received for units sold. E) All of these.
The extemporaneous delivery style is most often used for business presentations
Indicate whether the statement is true or false
In Germany, workers: A) can be dismissed at the will of the employer
B) participate in corporate decisions. C) are often represented on boards of directors. D) A and B E)B and C