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A regressive tax imposes a lower percentage rate of taxation on low incomes than on high incomes.
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Asked 11/19/2015 9:05:53 AM
Updated 11/24/2015 9:18:55 PM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/24/2015 9:18:41 PM], Edited by Andrew. [11/24/2015 9:18:55 PM]
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User: A regressive tax imposes a lower percentage rate of taxation on low incomes than on high incomes.

Weegy: A regressive tax imposes a lower percentage rate of taxation on low incomes than on high incomes.FALSE.
alfred123|Points 74318|

User: Tax incidence is concerned with: a. tax loopholes c. who has the final burden of a tax b. tax credits d. the efficiency of the tax system

Question
Asked 11/19/2015 9:05:53 AM
Updated 11/24/2015 9:18:55 PM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/24/2015 9:18:41 PM], Edited by Andrew. [11/24/2015 9:18:55 PM]
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Tax incidence is concerned with who has the final burden of a tax.
Added 11/24/2015 5:46:52 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/24/2015 9:18:59 PM]
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Financial institutions that lend the funds that savers provide to borrowers. a. mutual funds c. pensions b. premiums d. financial intermediaries
Weegy: Financial intermediaries is the financial institutions that lend the funds that savers provide to borrowers. User: All of the following are examples of nonbank financial institutions EXCEPT a. credit unions. c. life insurance companies. b. finance companies. d. real estate investment trusts. (More)
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Updated 11/17/2015 10:50:57 AM
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All of the following are examples of nonbank financial institutions EXCEPT credit unions.
Added 11/17/2015 10:50:57 AM
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The Civil War had its origin in the secession of this state. a. North Carolina c. Georgia b. Alabama d. South Carolina
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Updated 11/14/2015 7:33:23 AM
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The Fugitive Slave Act, which was not popular in the North, allowed slave hunters to retrieve slaves from all of the following locations EXCEPT: a. New York c. Massachusetts b. Canada d. New Jersey
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Updated 11/14/2015 7:31:30 AM
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Why is using coins as money easier than using gold bars? a. coins are more durable c. coins are more uniform b. coins are more portable d. coins are more limited in supply
Weegy: Using coins as money easier than using gold bars because : Coins are more portable. User: What happens during a bank run? a. The government orders a bank to close. b. States charter more banks than needed. c. The price of gold suddenly increases. d. More customers withdraw money than the bank has on hand. (More)
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Updated 11/17/2015 10:22:56 AM
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More customers withdraw money than the bank has on hand. This happens during a bank run.
Added 11/17/2015 10:22:56 AM
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A customs duty is best described as a ____________. a. tax paid on exported goods c. fee paid by countries that wish to implement import quotas b. tax paid on imported goods d. fee paid by countries as they enter into free trade agreements
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Updated 7/25/2016 6:57:18 PM
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A customs duty is best described as a tax paid on imported goods.
Added 7/25/2016 6:57:18 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [7/25/2016 7:03:41 PM]
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