Taxing High Incomes at a Higher Rate Than Low Incomes

question 113

Multiple Choice

Taxing high incomes at a higher rate than low incomes is most likely to do which of the following?

• A) promote equity and promote efficiency
• B) promote equity and hinder efficiency
• C) hinder equity and promote efficiency
• D) hinder equity and hinder efficiency

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Definitions:

Polypeptides

Chains of amino acids linked by peptide bonds, forming the basic structure of proteins.

Triglyceride

A triglyceride is a type of fat (lipid) found in the blood, originating from the diet and stored in fat cells, used by the body for energy.

Fatty Acid

Long hydrocarbon chains that are a major component of fats and are used in cells as a source of energy.