Differentiate the S-, C- and M-Type Asteroids

question 6

Essay

Differentiate the S-, C- and M-type asteroids.

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Definitions:

Regressive Tax

A tax whose burden, expressed as a percentage of income, falls as income increases.

Proportional Tax

A tax system where the rate remains constant regardless of the amount on which the tax is imposed.

Proportional Tax

A tax system where the tax rate remains constant regardless of the amount subject to tax, causing taxpayers to pay the same percentage of their income irrespective of its size.

Deductions

Expenses subtracted from gross income to determine the taxable income.