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Cindy Lopez
on Oct 13, 2024

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The rich pay a _____ proportion of their income and a _____ dollar amount of federal income tax than the middle class.

A) higher,higher
B) lower,lower
C) higher,lower

Federal Income Tax

The tax levied by the US government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Middle Class

A social group between the upper and working classes, including professional and business workers and their families, characterized by moderate to high income levels and higher education.

Proportion

This refers to a part, share, or number considered in comparative relation to a whole.

  • Apprehend the distinctions between tax policies (regressive, progressive) and their outcomes on contrasting income demographics.
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Cameron HortonOct 14, 2024
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