A Country Redesigned Its Tax Policy So That the Amount

question 2

Multiple Choice

A country redesigned its tax policy so that the amount of taxes an individual paid was based on his or her earnings, with those earning more paying more in taxes. For example, an individual who makes $20,000 a year pays 3 percent in taxes, while an individual who makes $100,000 a year pays 3 percent on the first $20,000 and an additional 10 percent on the remaining $80,000. This is called

• A) liberal taxation.
• B) regressive taxation.
• C) conservative taxation.
• D) progressive taxation.

---

Definitions:

Opportunity

A set of circumstances that makes it possible to achieve something or to advance.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors, driven by internal or external desires.

Organizational Learning

The process through which an organization acquires, develops, and transfers knowledge throughout the organization.

Potent Determinant

A powerful factor or force that decisively affects the nature or outcome of something.