U.S.federal taxes are generally _____,while state and local taxes are generally _____.
A)progressive;progressive
B)progressive;regressive
C)regressive;progressive
D)regressive;regressive

Question

Quizplus · Accepted Answer

Federal taxes are generally progressive, meaning that those with higher incomes pay a higher percentage of their income in taxes. State and local taxes, on the other hand, are generally regressive, meaning that they impose a higher burden on lower-income earners, as they often rely heavily on sales and property taxes.

USFederal Taxes Are Generally _____,While State and Local Taxes Are