True(Kaylop)
A proportional tax takes the same percentage of income no matter your income level. A progressive tax, on the other hand, takes a larger percentage of income as your income increases. An example of a proportional tax is the Medicare tax (everyone pays 1.45% of all income), while the U.S. income tax is an example of a progressive tax (higher incomes get bumped into higher tax brackets). Many people believe sales taxes to be proportional because everyone pays the same rate, but because sales taxes only apply to spending rather than overall income they almost always turn out to be regressive.
YES it is and it is entered on your 1040 income tax return line 11 Alimony received
Income
regressive income tax
Say you want to study the effect of age on income. You would control for other variables that could effect income (for example gender, race etc...). What you are really doing is holding those variables constant so you can see if there actually is a relationship between age and income. Controling makes your findings more powerful and 'true'.
True(Kaylop)
it is tha strategy that governs tax increases proportionally with taxable income. the higher your taxable income the higher tax percentage you will pay.
A progressive tax.
increases
The progressive tax rate is one where the tax rate increases as the taxable rate, or income, is increasing.
As income increases the percentage of that paid as tax progressively increases. If it was a "flat tax" instead, the percentage paid would be constant regardless of income.
progressive
It's a method of determining the taxable rate on income.
A progressive tax is defined as a tax whose rate increases as the payer's income increases. That is, individuals who earn high incomes have a greater proportion of their incomes taken to pay the tax.A regressive tax, on the other hand, is one whose rate increases as the payer's income decreases.
False
false
false