Asked by
Madalynn Strauss
on Oct 25, 2024
Verified
If the marginal tax rate is less than the average tax rate,the tax system is:
A) proportional.
B) progressive.
C) digressive.
D) regressive.
Digressive
Characteristics of a process or system that decreases in intensity or rate as it progresses.
- Detect and categorize the differences in progressive, proportional, and regressive taxation strategies.
- Determine the effects of taxation on consumer behavior and income distribution.
Verified Answer
FM
Learning Objectives
- Detect and categorize the differences in progressive, proportional, and regressive taxation strategies.
- Determine the effects of taxation on consumer behavior and income distribution.