Identify whether each of the following taxes is progressive or regressive and indicate in each case where you think the tax incidence lies. d. The federal personal income tax is O proportional, and the incident is on the taxpayer. O average, and the incident is on the consumer. O progressive, and the incident is on the taxpayer. O regressive, and the incident is on the taxpayer. e. A 4 percent state general sales tax is O proportional, and the incident is on the consumer. O regressive, and the incident is on the consumer. O average, and the incident is on the consumer. O progressive, and the incident is on the taxpayer. f. A federal excise tax on automobile tires is O progressive, and the incident is on the taxpayer. O proportional, and the incident is on the consumer. O regressive, and the incident is on the consumer. O average, and the incident is on the consumer.
Identify whether each of the following taxes is progressive or regressive and indicate in each case where you think the tax incidence lies. d. The federal personal income tax is O proportional, and the incident is on the taxpayer. O average, and the incident is on the consumer. O progressive, and the incident is on the taxpayer. O regressive, and the incident is on the taxpayer. e. A 4 percent state general sales tax is O proportional, and the incident is on the consumer. O regressive, and the incident is on the consumer. O average, and the incident is on the consumer. O progressive, and the incident is on the taxpayer. f. A federal excise tax on automobile tires is O progressive, and the incident is on the taxpayer. O proportional, and the incident is on the consumer. O regressive, and the incident is on the consumer. O average, and the incident is on the consumer.
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter11: Fiscal Policy And The Federal Budget
Section: Chapter Questions
Problem 5WNG
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Transcribed Image Text:Identify whether each of the following taxes is progressive or regressive and indicate in each case where you think the tax incidence
lies.
d. The federal personal income tax is
O proportional, and the incident is on the taxpayer.
O average, and the incident is on the consumer.
O progressive, and the incident is on the taxpayer.
O regressive, and the incident is on the taxpayer.
e. A 4 percent state general sales tax is
O proportional, and the incident is on the consumer.
O regressive, and the incident is on the consumer.
O average, and the incident is on the consumer.
O progressive, and the incident is on the taxpayer.
f. A federal excise tax on automobile tires is
O progressive, and the incident is on the taxpayer.
O proportional, and the incident is on the consumer.
O regressive, and the incident is on the consumer.
O average, and the incident is on the consumer.
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