An Outline Imported in a

question 79

True/False

An outline imported in a .txt format can be used to create a hierarchy in PowerPoint without having to retype the text. You simply move the text around to create the structure.

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Definitions:

Regressive Tax

A tax levied in a way where the rate of taxation diminishes as the taxable amount gets larger.

Proportional Tax

A taxation system where the tax rate remains constant regardless of the amount subject to tax.

Progressive Tax

A tax system where the tax rate increases as the taxable amount or income rises, meaning higher earners pay a larger percentage of their income in taxes than lower earners.

Progressive Tax

A tax system where the tax rate increases as the taxable amount increases, meaning higher income individuals pay a larger percentage of their income in taxes compared to lower-income individuals.