The total amount of tax you pay divided by your total income is the?
Correct answer D. total tax rate
Tip: press A, B, C or D to answer, and N for the next question.
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More Income Inequality questions
See allA tax whose burden is the same proportion of income for all households is?
Correct answer B. a proportional tax
A tax whose burden expressed as a percentage of income, falls as income increases is a?
Correct answer C. regressive tax
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Tax shifting?
Correct answer B. occurs when households can alter their behaviour and do something to avoid paying tax
An example of an indirect tax is?
Correct answer B. VAT
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