Chp 18
Does a progressive tax system by itself guarantee that resources will be redistributed from the rich to the poor? Explain. Is the tax system in the United States progressive, regressive, or proportional? Does the tax-spending system in the United States redistribute resources from higher-income earners to lower-income earners?
Additionally, complete a bit of research in your town of Waterbury CT and discover your Mill Rate or Tax rate...links needed!
Write one paragraph on the tax rate in your town and the public services provided...additionally, in three full paragraphs, write your understanding of progressive, regressive and proportional tax along with choosing one State, Federal or Local tax and explain why it fits into one of the categories and why?
Define ability to pay and benefits received in your own words providing examples in two additional paragraphs.
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