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If government tax policy requires Jasmin to pay $30,000 in taxes on annual income of $200,000 and Paul to pay $10,000 in tax on annual income of...

If government tax policy requires Jasmin to pay $30,000 in taxes on annual income of $200,000 and Paul to pay $10,000 in tax on annual income of $100,000, then the tax policy is:

  1. Optional
  2. proportional
  3. regressive
  4. progressive

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4) progressive... View the full answer

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The answer must be the... View the full answer

Option D, that is,... View the full answer

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