If individual income tax accounts for more total revenue than the payroll tax in the U.S., why would over half the households in the country pay more in payroll taxes than in income taxes?
A. income tax is a proportional tax
B. income tax is a progressive tax
C. payroll tax is a regressive tax
D. payroll tax is a progressive tax
Answer:B
If individual income tax accounts for more total revenue than the payroll tax in the U.S., why would over half the households in the country pay more in payroll taxes than in income taxes?
A. income tax is a proportional tax B. income tax is a progressive tax C. payroll tax is a regressive tax D. payroll tax is a progressive tax
Explanation: Type: Multiple Choice