Which of the following statements is true?
a. flat tax systems avoid being regressive by allo...
Social Studies, 06.10.2019 07:30 lesliezavalaa16
Which of the following statements is true?
a. flat tax systems avoid being regressive by allowing large reductions in the tax base.
b. the most regressive sales tax structures exempt food purchased at grocery stores from the tax base.
c. ad valorem taxes are assessed irrespective of the value of the property.
d. progressive tax structures lead to progressively lower tax rates over time to stimulate the economy and promote growth.
Answers: 2
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