Annual Incomes of James, Jack, and Stanley Are $30,000, $50,000

question 148

Multiple Choice

Annual incomes of James, Jack, and Stanley are $30,000, $50,000, and $80,000 and their tax rates are 10%, 20%, and 30% respectively.Which tax structure is this an example of?

• A)Proportional tax 
• B)Progressive tax 
• C)Regressive tax 
• D)Digressive tax

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