Which of the following taxes is regressive? – McqOptions

MCQOPTIONS

1.	Which of the following taxes is regressive?
A.	The federal income tax
B.	The state income tax
C.	The sales tax
D.	The Medicare tax
Answer» B. The state income tax

Discussion

No Comment Found

Related MCQs

Social scientists explain the incest taboo as_______________?
The demand for labor is the same as the
The main reason why cheques can be regarded as money is that:
Sex stereotypes are traditionally found in________________?
The asset that is capable of generating income and that have itself been produced is termed
Term the group of countries that have removed all restrictions on trade among themselves?
Social institutions________________?
The economic system with little or no external trade is called:
The ability-to-pay principle of taxation suggests that if a tax system is to be vertically equitable it should be ?
Suppose that Boeing is to receive payment in euros in 6 month and wants to engage in hedging the firm would _______ euros on the 6-month forward market in order to protect itself from a/an of the euro?