Examlex
Major trends facing public relations at the end of the 20th century include ________.
Progressive Tax
A tax system in which the tax rate increases as the taxable income or amount increases.
Regressive Tax
A tax system where the tax rate decreases as the taxable amount increases, disproportionately affecting lower-income earners.
Progressive Taxation
The tax as a percentage of income increases as income increases.
Proportional Taxation
The tax as a percentage of income remains constant as income increases; also called a flat tax.
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