Which of the Following Tax Systems Would Help Reduce Income

question 37

Multiple Choice

Which of the following tax systems would help reduce income inequality the most?

• A)a regressive tax system
• B)a proportional tax system
• C)a progressive tax system
• D)a consumption tax system

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Definitions:

Decision

The conclusion or resolution reached by a court, judge, or arbiter in a legal case.

Summary Jury Trial

A settlement method in which a trial is held but the jury's verdict is not binding. The verdict acts as a guide to both sides in reaching an agreement during mandatory negotiations that follow the trial. If a settlement is not reached, both sides have the right to a full trial later.

Mini-trial

A voluntary, private, informal dispute resolution process where parties present their cases to a neutral advisor or a panel, which then offers a non-binding verdict.

Early Neutral

An early intervention in legal disputes where a neutral party attempts to facilitate a resolution before the case progresses to more formal proceedings.