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Business, 26.09.2021 02:50 saintsfan2004
4. Tim moves to a different state and buys a house in his new city. His new house is
bigger than the apartment he lived in before, so he also buys new furniture. His
property taxes are higher for his new house, but sales tax he pays on his new
furniture is lower. Which of these taxes is progressive, and which are regressive?
What is the difference between a progressive and a regressive tax? (8 points)
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Answers: 3
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4. Tim moves to a different state and buys a house in his new city. His new house is
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