em042004 em042004
  • 13-07-2020
  • Social Studies
contestada

Which statement about progressive taxes is true?Which tax is an indirect tax?

Respuesta :

emailaarushisarkar
emailaarushisarkar emailaarushisarkar
  • 13-07-2020

Answer:

A progressive tax is a tax in which the tax rate increases as the taxable amount increases. The term "progressive" refers to the way the tax rate progresses from low to high, with the result that a taxpayer's average tax rate is less than the person's marginal tax rate.

Indirect taxes are excise tax, VAT, GST and service tax.

Answer Link
Cruzado748 Cruzado748
  • 13-07-2020
The rate increases as income increases
Answer Link

Otras preguntas

Orange Inc., an orange juice producer with a current debt-to-equity ratio of 2, is considering expanding its operations to produce toothpaste. Unsurprisingly, t
Which of the following is a side effect of steroids?
Are these bones axial, appendicular or both?
6.4n + 10= 4.4n - 6 Could you help? Thanks
A staircase has an angle of elevation of 28 degrees and covers a total distance of 17 feet. To the nearest foot, what is the vertical height h covered by the st
is 14.23 a irrational or rational number
what is miller saying about accusations in the crucible
Can anyone help me on this please or give the answer thank you?
Help!! An object is moving at a speed of 3 yards per month. Express this speed in centimeters per day. Round your answer to the nearest tenth.
Derek spends $3 on breakfast and $5.50 on lunch every school day. How much does he spend on breakfast and lunch in a school week?