John has just received a rather handsome increase in salary, but he is upset because he feels that he should not be charged a higher rate of tax on this extra money. John is being taxed by a ________ tax system.
provincial
federal
progressive
restrictive
regressive
Correct Answer:
Verified
Q55: Which of the following is correct with
Q56: Canada is home to a(n) _ economy.
mixed
Q57: Market economies have all of the following
Q58: Which of the following is correct with
Q59: Which of the following is correct with
Q61: Incentive programs are designed to
encourage families to
Q62: If a semiconductor firm is opening a
Q63: The law of demand states that
producers will
Q64: Which law forbids most monopolies in Canada?
Consumer
Q65: The GST is considered a regressive tax
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