Table 12-23
The dollar amounts in the last three columns are the taxes owed under the three different tax systems.
-Refer to Table 12-23. Which of the three tax systems is regressive?
A)Tax System A
B)Tax System B
C)Tax System C
D)None of the systems are regressive.

Question

Table 12-23
The dollar amounts in the last three columns are the taxes owed under the three different tax systems. 
-Refer to Table 12-23. Which of the three tax systems is regressive?
A)Tax System A 
B)Tax System B 
C)Tax System C 
D)None of the systems are regressive.

Quizplus · Accepted Answer

A regressive tax system is one where the tax rate decreases as the taxable amount increases. Tax System C is regressive because it imposes a lower tax rate on higher income levels.

Table 12-23 the Dollar Amounts in the Last Three Columns Are the Are