Which of the Following Is Generally Considered the Most Regressive

question 51

Multiple Choice

Which of the following is generally considered the most regressive type of tax?

• A)Gift tax
• B)The federal income tax
• C)Sales tax
• D)Payroll tax
• E)Estate tax

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Definitions:

Organic Products

Goods produced through farming practices that avoid the use of synthetic chemicals, antibiotics, and genetically modified organisms (GMOs).

Economic Responsibilities

The obligations of an organization or individual to contribute positively to the economic system in which they operate.

Corporate Social Responsibility

A business model that integrates self-regulatory mechanisms whereby companies ensure their activities positively impact society.

Social Responsibility

The obligation of individuals and organizations to act in ways that protect and improve the welfare of society as a whole.