-Adam,Aaron,and Fatima earn,respectively,$30,000,$50,000 and $100,000 per year.The amount of state income taxes they pay on their income depends on which state they choose to live in.The table above shows how much they would pay in taxes in each state.
a.Is the tax in State A progressive,regressive or proportional?
b.Is the tax in State B progressive,regressive or proportional?
c.Is the tax in State C progressive,regressive or proportional?
Definitions:
Revenue Generation
The process through which a business or organization produces income from its activities.
Wicked Problems
Complex issues that are difficult to define and solve because of incomplete, contradictory, and changing requirements.
Limited Information
A scenario where decision-making is affected due to a lack of complete data or knowledge.
Social Purpose Venture
A business initiative aimed at achieving social goals alongside financial profitability.
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