Percent of Income Paid in Total amount Income Tax of Tax Paid Family $10,000 20% $2,000 A Family $50,000 4% $2,000 В Family $100,000 2% $2,000 C If all families had to pay a $2,000 tax to fund schools, which type of tax structure is this school tax? Regressive Tax O Proportional Tax Progressive Tax

Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter22: The Public Sector
Section: Chapter Questions
Problem 9SQ
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100%
Percent of
Income Paid in Total amount
Income Tax
of Tax Paid
Family $10,000 20%
$2,000
A
Family $50,000
4%
$2,000
В
Family $100,000 2%
$2,000
C
If all families had to pay a $2,000 tax to fund schools,
which type of tax structure is this school tax?
Regressive Tax
Proportional Tax
Progressive Tax
Transcribed Image Text:Percent of Income Paid in Total amount Income Tax of Tax Paid Family $10,000 20% $2,000 A Family $50,000 4% $2,000 В Family $100,000 2% $2,000 C If all families had to pay a $2,000 tax to fund schools, which type of tax structure is this school tax? Regressive Tax Proportional Tax Progressive Tax
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