While Regressive Taxes Are Considered Inequitable,cigarette Taxation Is Popular Because

question 9

Multiple Choice

While regressive taxes are considered inequitable,cigarette taxation is popular because _____.

• A)it is a sumptuary tax
• B)it mainly hurts tobacco farmers in a few Southern states
• C)in a lifetime sense it is a progressive tax
• D)people are inconsistent

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Definitions:

Written Agreement

A legally binding contract that has been documented in writing between two or more parties.

Partnership Agreement

A legal document that outlines the rights, responsibilities, and proportions of ownership among partners in a partnership.

Risks

The potential for losing something of value, or the exposure to danger, harm, or loss.

Articles of Partnership

A document that formalizes an agreement between partners to manage and operate a business together and share its profits.