Some Americans Favor a Tax Code That Does Not Favor

question 42

Multiple Choice

Some Americans favor a tax code that does not favor one kind of economic activity over another. What kind of taxation policy would they support?

• A) a regressive tax
• B) a progressive tax
• C) tax neutrality
• D) tax exemption

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Definitions:

Global Strategy

A methodology for conducting business around the world, including expanding operations and marketing to different countries.

Standard of Living

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Global Business

The conduct of trade, production, marketing, and sales operations on a worldwide scale, transcending national borders.

National Boundaries

The defined geographical limits of a nation, separating it from neighboring countries and marking the extent of its jurisdiction and sovereignty.