If George earned $50,000 and was taxed $7,500, while Julia earned $80,000 and was taxed $9,000, what type of income tax structure exists in their country? a)proportional income tax b)not clear due to missing information c)progressive income tax d)regressive income tax

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If George earned $50,000 and was taxed $7,500, while Julia earned $80,000 and was taxed $9,000, what type of income tax structure exists in their country? a)proportional income tax b)not clear due to missing information c)progressive income tax d)regressive income tax

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Asked 10/10/2012 10:10:24 AM

Updated 9/25/2014 7:33:27 PM

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User: If George earned $50,000 and was taxed $7,500, while Julia earned $80,000 and was taxed $9,000, what type of income tax structure exists in their country? a)proportional income tax b)not clear due to missing information c)progressive income tax d)regressive income tax

Weegy: c)progressive income tax
Expert answered|supernike|Points 569|

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Asked 10/10/2012 10:10:24 AM

Updated 9/25/2014 7:33:27 PM

1 Answer/Comment

This conversation has been flagged as incorrect.

Flagged by debnjerry [9/25/2014 7:33:27 PM]

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If George earned $50,000 and was taxed $7,500, while Julia earned $80,000 and was taxed $9,000, the type of income tax structure that exists in their country is REGRESSIVE. The tax rate decreases as income increases.

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Added 9/25/2014 7:33:26 PM

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