Question and answer
A tax that imposes a higher percentage rate of taxation on low incomes rather than high incomes is known as a: a. proportional tax c. excise tax b. progressive tax d. regressive tax
A tax that imposes a higher percentage rate of taxation on low incomes rather than high incomes is known as a: REGRESSIVE TAX.
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Asked 12/18/2015 8:24:24 AM
Updated 12/18/2015 8:53:34 AM
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Confirmed by jeifunk [12/18/2015 8:53:34 AM]
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