Using Income as the Tax Base, Which of the Following

question 222

Multiple Choice

Using income as the tax base, which of the following best illustrates a regressive tax?

• A)the federal inheritance tax
• B)a 7 percent general sales tax
• C)the corporate income tax
• D)the personal income tax

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Definitions:

Paleolithic

Referring to the earliest period of the Stone Age, characterized by the use of primitive stone tools and hunting and gathering as a way of life.

Food Scarcity

A condition in which there is not enough food to satisfy the dietary requirements of the population, resulting in widespread hunger and malnourishment.

Mesolithic Transition

The period between the Paleolithic and Neolithic times, characterized by the development of new stone tool technologies and adaptations to changing environments and ways of life.

Southeast Asia

A geographical region located to the east of the Indian subcontinent and south of China, known for its diverse cultures, languages, and histories.