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What is meant by a progressive tax?
A regressive tax?
A pro- portional tax?

Comment on the progressivity or regressivity of each of the following taxes, indicating in each case where you think the tax incidence lies:

(a) the Federal personal in- come tax

(b) a 4 percent state general sales tax

(c) a Federal excise tax on automobile tires

(d) a municipal property tax on real estate

(e) the Federal corporate income tax

(f) the portion of the payroll tax levied on employers

Respuesta :

Answer:

Progressive tax—A tax that takes a larger percentage of income from high-income groups than from low-income groups.

Regressive tax—A tax that takes a larger percentage of income from low-income groups than from high-income groups

A proportional tax is an income tax system where the same percentage of tax is levied on all taxpayers, regardless of their income.

Explanation:

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