Please answer with explanations
(Not rated)
(Not rated)
Please answer with explanations
1. which of the following taxes is progressive?
a. sales tax
b. excise tax
c. property tax
d. income tax
2. Which of the following taxes is proportional?
a. gift tax
b. income tax
c. sales tax
d. Federal Insurance Contributions Act (FICA).
3. Which of the following taxes is regressive?
a. Federal Insurance Contributions Act (FICA)
b. excise tax
c. property tax
d. gift tax
11 years ago
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