How does a progressive tax work?
A) All taxpayers pay taxes at the same rate, regardless of income.
B) Taxpayers with higher incomes pay a higher percentage of their incomes in taxes.
C) Taxpayers with higher incomes pay a lower percentage of their incomes in taxes.
D) Taxpayers who own property pay taxes at lower percentage rates than taxpayers who do not, regardless of income.
E) All taxpayers pay taxes at a set percentage, which increases every year, regardless of income.
B
You might also like to view...
A special joint committee created to reconcile differences in bills passed by the House and Senate is called a(n) __________ committee
a. arbitration b. conference c. joint d. standing
The fifth step in the policy-making process, in which the executive branch develops the rules that will put the policy into action, is called
A) ?policy formulation. B) ?policy evaluation. C) ?problem identification. D) ?policy enactment. E) ?policy implementation.
In the context of international power and security, the zero-sum view holds that ______.
a. states are more secure and powerful when they cooperate b. states accumulate power and security at the expense of other states c. security and power are impossible to achieve under any circumstance d. there is a natural distribution of power that cannot be changed
One of the most critical concerns in world politics is the challenge of seeking security and ______.
a. monopolizing resources b. achieving cultural hegemony c. dealing with conflict d. eliminating national borders