Percent of Income Paid in Total amount Income Tax of Tax Paid Family $10,000 10% $1,000 A Family $50,000 20% $10,000 Family $100,000 30% $30,000 Identify the tax structure based on the tax chart. Proportional Tax Progressive Tax Regressive Tax
Percent of Income Paid in Total amount Income Tax of Tax Paid Family $10,000 10% $1,000 A Family $50,000 20% $10,000 Family $100,000 30% $30,000 Identify the tax structure based on the tax chart. Proportional Tax Progressive Tax Regressive Tax
Chapter3: Economic Decision Makers
Section: Chapter Questions
Problem 3.10P
Related questions
Question
100%
Transcribed Image Text:Percent of
Income Paid in
Total amount
Income Tax
of Tax Paid
Family $10,000
10%
$1,000
A
Family $50,000 20%
$10,000
В
Family $100,000 30%
$30,000
C
Identify the tax structure based on the tax chart.
Proportional Tax
Progressive Tax
Regressive Tax
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Author:
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