T Has a Tax Base of $30,000 and Pays a Tax

question 45

Multiple Choice

T has a tax base of $30,000 and pays a tax of $2,500 on the first $25,000 and $750 on the next $5,000.This is an example of what type of tax rate?

• A)Proportional
• B)Progressive
• C)Regressive
• D)Neutral
• E)None of the above

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Definitions:

Influence

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.

Antiglobalization

A social movement that opposes the processes of global integration, focusing on issues like economic inequality and environmental degradation.

Anti-Americanism

A sentiment of hostility or opposition towards the United States, its policies, culture, or people.

Jihad

An Islamic term referring to the spiritual struggle against sin, though it is often misrepresented in media as solely physical or violent conflict.