Question 1

The individual income tax in the United States is:

Accepted Answer

A)  progressive.
B)  regressive.
C)  proportional.
D)  a lump-sum tax.E) C) and D)
F) A) and B)

Question 2

In general, the most efficient taxes:

Accepted Answer

A)  are often not the most equitable.
B)  are often the most equitable.
C)  raise the most revenue.
D)  never raise the most revenue.E) A) and D)
F) A) and C)

Question 3

Lump-sum taxes reduce the total amount of revenue that can be raised because:

Accepted Answer

A)  people perceive them to be unfair.
B)  they have large administrative burdens.
C)  the size of the tax is limited by the poorest citizen's ability to pay.
D)  they are often applied inefficiently.E) B) and C)
F) A) and B)

Exam 20: Taxation and the Public Budget

In general, the most efficient taxes:

Correct Answer
verified

The individual income tax in the United States is:

Correct Answer
verified

Lump-sum taxes reduce the total amount of revenue that can be raised because:

Correct Answer
verified

Exam 20: Taxation and the Public Budget

In general, the most efficient taxes:

Correct AnswerverifiedShow Answer

The individual income tax in the United States is:

Correct AnswerverifiedShow Answer

Lump-sum taxes reduce the total amount of revenue that can be raised because:

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified