Explain the Difference Between a Progressive Income Tax,a Proportional Income

question 107

Essay

Explain the difference between a progressive income tax,a proportional income tax and a regressive income tax.Under which type of system is the federal income tax?

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Definitions:

BCR

Benefit-Cost Ratio, a numerical expression comparing the benefits of an action or project to its costs.

Technical Skills Certificate Program

A formal recognition of an individual's competence and proficiency in specific technical or vocational skills, usually acquired through a short-term educational or training process.

Cost Effectiveness

A measure of how effectively resources (money, time, effort) are used to achieve a desired outcome or goal.

Technical Skills Certificate Program

A structured education program focused on teaching specific technical skills, often leading to certification.