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Factors That Contributed to the Current Level of the Earnings

question 37

Multiple Choice

Factors that contributed to the current level of the earnings gap in the U.S. labor market between black and white workers include:


Definitions:

Proportional Tax

A tax whose burden falls equally among the rich, the middle class, and the poor.

Regressive Tax

A taxation system where the tax rate decreases as the taxable amount increases, leading to a higher tax burden on lower-income individuals relative to higher-income individuals.

Progressive Tax

A tax system where the tax rate increases as the taxable amount or income increases, placing a larger burden on those who have the ability to pay more.

Federal Income Tax

A charge imposed by the US federal government on the yearly income of persons, companies, trusts, and various legal bodies.

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