The later academics question and answer asked over students to say what they agree to is the most important important aspect for a student to do in order to become success. One which response stood out from the rest was practice. Persons who are definitely successful do not become successful by being born. They work hard and commitment their lives to succeeding. This is how you can get your goals. following some question and answer examples that you could make use of to improve your knowledge and gain insight that will guide you to preserve your school studies.
Question:
Which sentence best describes a regressive tax? Regressive taxes place a higher burden on people who earn less compared to wealthier tax payers. Regressive taxes place a higher burden on wealthy tax payers compared to people who earn less. Regressive taxes result in poor tax payers paying no taxes. Regressive taxes prevent tax rates from rising over time.
Answer:
The correct option is this: REGRESSIVE TAXES PLACE A HIGHER BURDEN ON PEOPLE WHO EARN LESS COMPARED TO WEALTHIER TAX PAYERS.
There are different types of tax and regressive tax is one of them. Regressive tax refers to the type of tax in which the tax rate decreases as the taxable amount increases, that is, the higher the income, the lesser the tax and the lower the income, the higher the tax amount that will be paid.
They might possibly hopefully guide the student take care of the question by make use of the questions and answer examples. You will possibly then have a discussion with your classmate and continue the school learning by studying the subject together.