Which of the Following Statements About a Proportionate Income Tax

question 63

Multiple Choice

Which of the following statements about a proportionate income tax rate structure is false?

• A)A theoretic justification for a proportionate rate is its superior potential for wealth redistribution.
• B)Under a proportionate rate structure,the marginal rate equals the average rate.
• C)Under a proportionate rate structure,the taxpayer with the least income pays the same percentage of income to the government as the taxpayer with the most income.
• D)None of the above is false.

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Definitions:

General Form

A standard way to write equations that allows for easy identification of key components.

Points

Defined locations in space, often represented as coordinates in a geometric or algebraic context.

Linear Depreciation

A method of allocating the cost of a tangible asset over its useful life in a linear, or evenly spread, manner.

Depreciates

To decrease in value over time, typically used in reference to assets or property.