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  2. Political Science
  3. The Challenge of Democracy
  4. Quiz 17: Economic Policy

President Reagan Backed a Sweeping Tax Reform That Reduced the Number

Question 40
Multiple Choice

President Reagan backed a sweeping tax reform that reduced the number of brackets.By eliminating many tax brackets,the new tax policy approached the idea of a __________-one that requires everyone to pay at the same rate. A)loophole tax B)progressive tax C)wealth tax D)flat tax E)bracket tax

Related questions
Q 41
A tax allocated based on a person's ability to pay,rather than,for example,requiring everyone to pay an equal percentage of their income,is known as a ______________ tax.​ A)​progressive B)​mandatory C)​discretionary D)​regressive E)​flat
Q 42
A tax where the rich pay proportionately higher taxes as a share of their income than the poor is also known as a(n) A)regressive tax. B)payroll tax. C)flat tax. D)progressive tax. E)decoupled tax.
Q 43
The total federal tax burden on U.S.citizens __________ the 1950s. A)has increased slightly since B)has increased dramatically since C)has stayed about the same since D)has actually decreased since E)is impossible to directly compare to
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