The curve labeled III illustrate a system of taxation

a

regressive tax

b

progressive tax

c

value added tax

d

proportional tax

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a

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Discussions (2)

Marilyn Monroe1
10 years ago

thanks for the definitions

Dwise12
8 years ago

Don't tnk is rit cos in taxation regressive low income pipl pays more, proportional equal both high n low income pipl, while progressive is pay as u earn - der 4 4rm de graph 111 is at de high tax rat and 1 above is also at de high tax rat so a tink is progressive B,

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