A tax in which the dollar amount collected is constant as income falls is known as a _____ tax.
A) flat
B) lump-sum
C) progressive
D) regressive

Name: A tax in which the dollar amount collected is constant as income falls is known as a _____ tax. A) flat B) lump-sum C) progressive D) regressive
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Question

Quizplus · Accepted Answer

A lump-sum tax is a fixed amount of tax that does not change with the income level of the taxpayer, meaning the dollar amount collected remains constant regardless of changes in income.

A Tax in Which the Dollar Amount Collected Is Constant