A tax whose average rate is increasing as the amount taxed increases is: Select one: a....
A tax whose average rate is increasing as the amount taxed increases is:
Select one:
a. congressive
b. progressive
c. regressive
d. revenue neutral
e. aggressive
Homework Answers
The tax which value increases as the income increases then the tax is called progressive tax .
Opposite to it is regressive tax .
In regressive tax ,when income increases the tax decreases.
Most of the countries follow progressive tax system to help poor section of society .
Hence option B is true
Add Answer to:
A tax whose average rate is increasing as the amount taxed
increases is:
Select one:
a....
a. If your income increases and you are subject to a proportional tax system, what will...
a. If your income increases and you are subject to a proportional tax system, what will happen to the percentage of your income that is taxed? b. If you income increases and you are subject to a regressive tax system, what will happen to the percentage of your income that is taxed? c. If you income increases and you are subject to a progressive tax system, what will happen to the percentage of your income that is taxed?
1. The percentage of an additional dollar that is paid in tax is called A. a...
1. The percentage of an additional dollar that is paid in tax is called A. a regressive tax. B. the average tax rate. C. a proportional tax. D. the marginal tax rate. E. a progressive tax. 2. If the average tax rate remains constant as income? changes, the tax is A. progressive. B. regressive. C. definitely fair. D. proportional. E. impossible to determine with the information given. 3. When each taxpayer pays the same average tax rate regardless of the?...
5. Understanding marginal and average tax rates Consider the economy of Pomistan, where citizens consume only...
5. Understanding marginal and average tax rates Consider the economy of Pomistan, where citizens consume only apples. Assume that apples are priced at $1 each. The government has devised the following tax plans: Plan A • Consumption up to 1,000 apples is taxed at 50%. • Consumption higher than 1,000 apples is taxed at 20% Plan B • Consumption up to 2,000 apples is taxed at 10%. . Consumption higher than 2,000 apples is taxed at 25%. Use the Plan...
Plan A • Consumption up to 1,000 apples is taxed at 50%. • Consumption higher than...
Plan A • Consumption up to 1,000 apples is taxed at 50%. • Consumption higher than 1,000 apples is taxed at 20%. 5. Understanding marginal and average tax rates Consider the economy of Pomistan, where citizens consume only apples. Assume that apples are priced at $1 each. The government has devised the following tax plans: Plan A Plan B • Consumption up to 2,000 apples is taxed at 10%. • Consumption higher than 2,000 apples is taxed at 25%. Use...
8. Understanding marginal and average tax rates Consider the economy of Citronia, where citizens consume only...
8. Understanding marginal and average tax rates Consider the economy of Citronia, where citizens consume only oranges. Assume that oranges are priced at $1 each. The government has devised the following tax plans: Plan A • Consumption up to 1,000 oranges is taxed at 50%. • Consumption higher than 1,000 oranges is taxed at 20%. Plan B • Consumption up to 2,000 oranges is taxed at 10%. Consumption higher than 2,000 oranges is taxed at 25%. Use the Plan A...
5. Understanding marginal and average tax rates Consider the economy of Cocoland, where citizens consume only...
5. Understanding marginal and average tax rates Consider the economy of Cocoland, where citizens consume only coconuts. Assume that coconuts are priced at $1 each. The government has devised the following tax plans: Plan A • Consumption up to 1,000 coconuts is taxed at 50%. • Consumption higher than 1,000 coconuts is taxed at 20%. Plan B • Consumption up to 2,000 coconuts is taxed at 15%. • Consumption higher than 2,000 coconuts is taxed at 60%. Use the Plan...
Quiz 12. The marginal tax rate will eventually exceed the average tax rate for a: a....
Quiz 12. The marginal tax rate will eventually exceed the average tax rate for a: a. proportional tax. b. regressive tax. progressive tax. d. flat-rate tax. 13. Marginal tax rates were reduced in 2001. Other things being equal, this is likely to: a. increase tax evasion. b. decrease tax evasion, c. have no effect on tax evasion. d. increase tax avoidance. 14. If the marginal tax rate is 20% under a proportional tax rate structure, the average tax rate: Ca....
5. Understanding marginal and average tax rates Consider the economy of Cocoland, where citizens consume only...
5. Understanding marginal and average tax rates Consider the economy of Cocoland, where citizens consume only coconuts. Assume that coconuts are priced at $1 each. The government has devised the following tax plans: Plan A • Consumption up to 1,000 coconuts is taxed at 5%. • Consumption higher than 1,000 coconuts is taxed at 40%. Plan B • Consumption up to 2,000 coconuts is taxed at 30%. Consumption higher than 2,000 coconuts is taxed at 10%. Use the Plan A...
< Back to Assignment Attempts: Keep the Highest: 12 11. Understanding marginal and average tax rates...
< Back to Assignment Attempts: Keep the Highest: 12 11. Understanding marginal and average tax rates Consider the economy of Pomistan, where citizens consume only apples. Assume that apples are priced at $1 each. The government has devised the following tax plans: Plan A • Consumption up to 1,000 apples is taxed at 5%. • Consumption higher than 1,000 apples is taxed at 40%. Plan B • Consumption up to 2,000 apples is taxed at 40%. • Consumption higher than...
Which of the following is true? Multiple Choice A regressive tax rate structure imposes an increasing...
Which of the following is true? Multiple Choice A regressive tax rate structure imposes an increasing marginal tax rate as the tax base increases. Regressive tax structures are the most common tax rate structure. An example of a regressive tax is an excise tax, In terms of effective tax rates, a sales tax can be viewed as a regressive tax. None of the choices are correct.
5. Understanding marginal and average tax rates Consider the economy of Pomistan, where citizens consume only apples. Assume that apples are priced at $1 each. The government has devised the following tax plans: Plan A • Consumption up to 1,000 apples is taxed at 50%. • Consumption higher than 1,000 apples is taxed at 20% Plan B • Consumption up to 2,000 apples is taxed at 10%. . Consumption higher than 2,000 apples is taxed at 25%. Use the Plan...
8. Understanding marginal and average tax rates Consider the economy of Citronia, where citizens consume only oranges. Assume that oranges are priced at $1 each. The government has devised the following tax plans: Plan A • Consumption up to 1,000 oranges is taxed at 50%. • Consumption higher than 1,000 oranges is taxed at 20%. Plan B • Consumption up to 2,000 oranges is taxed at 10%. Consumption higher than 2,000 oranges is taxed at 25%. Use the Plan A...
Quiz 12. The marginal tax rate will eventually exceed the average tax rate for a: a. proportional tax. b. regressive tax. progressive tax. d. flat-rate tax. 13. Marginal tax rates were reduced in 2001. Other things being equal, this is likely to: a. increase tax evasion. b. decrease tax evasion, c. have no effect on tax evasion. d. increase tax avoidance. 14. If the marginal tax rate is 20% under a proportional tax rate structure, the average tax rate: Ca....
5. Understanding marginal and average tax rates Consider the economy of Cocoland, where citizens consume only coconuts. Assume that coconuts are priced at $1 each. The government has devised the following tax plans: Plan A • Consumption up to 1,000 coconuts is taxed at 5%. • Consumption higher than 1,000 coconuts is taxed at 40%. Plan B • Consumption up to 2,000 coconuts is taxed at 30%. Consumption higher than 2,000 coconuts is taxed at 10%. Use the Plan A...
< Back to Assignment Attempts: Keep the Highest: 12 11. Understanding marginal and average tax rates Consider the economy of Pomistan, where citizens consume only apples. Assume that apples are priced at $1 each. The government has devised the following tax plans: Plan A • Consumption up to 1,000 apples is taxed at 5%. • Consumption higher than 1,000 apples is taxed at 40%. Plan B • Consumption up to 2,000 apples is taxed at 40%. • Consumption higher than...
Which of the following is true? Multiple Choice A regressive tax rate structure imposes an increasing marginal tax rate as the tax base increases. Regressive tax structures are the most common tax rate structure. An example of a regressive tax is an excise tax, In terms of effective tax rates, a sales tax can be viewed as a regressive tax. None of the choices are correct.
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