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15. The system of taxation where the average tax rate does not change when income increases is called
a. progressive tax system
b. regressive tax system
c. proportional tax system
15. The system of taxation where the average tax rate does not change when income increases is called
a. progressive tax system
b. regressive tax system
c. proportional tax system
Raushan RajLv8
2 Nov 2020
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Related questions
Refer to the following table for Waxwania (a hypothetical country):
What is the marginal tax rate in Waxwania? The average tax rate? Show your work. Which of the following describes the tax system: proportional, progressive, regressive?
Ā
|
Government Expenditures,Ā G |
Tax Revenues,Ā T |
Real GDP |
|
$160 |
$100 |
Ā $500 |
|
$160 |
$120 |
ā$600 |
|
$160 |
$140 |
ā$700 |
|
$160 |
$160 |
ā$800 |
|
$160 |
$180 |
$900 |
