Use the table below to choose the correct answer. Income Tax (dollars) (dollars) 10,000 2,000 20,000 4,000 40,000 8,000 The tax schedule shown here is regressive. O proportional. progressive. O proportional up to $20,000 and regressive beyond that.
Use the table below to choose the correct answer. Income Tax (dollars) (dollars) 10,000 2,000 20,000 4,000 40,000 8,000 The tax schedule shown here is regressive. O proportional. progressive. O proportional up to $20,000 and regressive beyond that.
Chapter16: The Public Sector
Section: Chapter Questions
Problem 9SQP
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Question
![Use the table below to choose the correct answer.
Income
Таx
(dollars)
(dollars)
10,000
2,000
20,000
4,000
40,000
8,000
The tax schedule shown here is
regressive.
O proportional.
O progressive.
O proportional up to $20,000 and regressive beyond that.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc285bfca-f048-4b68-b235-485f3e07454a%2Fd7242ef2-19a4-404f-a05c-266e8f0bccda%2F6sv9ulo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Use the table below to choose the correct answer.
Income
Таx
(dollars)
(dollars)
10,000
2,000
20,000
4,000
40,000
8,000
The tax schedule shown here is
regressive.
O proportional.
O progressive.
O proportional up to $20,000 and regressive beyond that.
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