Examlex

Solved

Jack Is a Sales Manager and He Recently Learned That

question 59

Multiple Choice

Jack is a sales manager and he recently learned that human resource managers with similar responsibilities and spans of control earn more than he does. Jack is concerned with the form of equity.


Definitions:

Proportional Tax

A tax system where the tax rate remains constant regardless of the amount subject to tax, meaning everyone pays the same percentage of their income.

Progressive Tax

A tax system where the tax rate increases as the taxable amount increases, burdening wealthier individuals more.

Progressive Tax

A tax system in which tax rates increase as the taxable amount increases, placing a higher tax burden on individuals with higher incomes.

Regressive Tax

A tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases, disproportionately affecting lower-income individuals.

Related Questions