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Shelby Thomas
on Dec 05, 2024

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A tax that takes a _____ is _____.

A) fixed percentage of income;proportional
B) fixed percentage of income;a benefits tax
C) a smaller share of high income than of low income;progressive
D) larger share of high income than of low income;regressive

Benefits Tax

A taxation principle where taxes are levied according to the benefits received by the taxpayer.

Proportional

Characterized by a constant ratio or relation in degree or number between two or more quantities; directly comparative in size, degree, or amount.

Progressive

Pertaining to a tax system where the tax rate increases as the taxable base amount increases, often aimed at ensuring fairness in taxation.

  • Identify, compare, and contrast progressive, proportional, and regressive taxation practices.
  • Recognize the significance of tax systems in fiscal policy and social equity.
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Michele BennettDec 06, 2024
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