Which of the Following Taxes Is Regressive

question 5

Multiple Choice

Which of the following taxes is regressive?

• A)Federal Insurance Contributions Act (FICA)
• B)excise tax
• C)property tax
• D)gift tax

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Definitions:

Younger Leaders

Individuals of a relatively young age who assume roles of leadership and influence in various contexts, often bringing fresh perspectives and energy.

Older Leaders

Individuals in leadership positions who have significant experience and wisdom due to their age, often facing unique challenges and opportunities.

Managers

Individuals in an organization responsible for directing and overseeing the work of a group of people.

Leaders

Individuals who guide, influence, or command groups, organizations, or countries.