Question
A(n)
proportional
tax structure applies the same tax rate to all levels of income, while a(n)
tax structure applies higher tax rates as the tax base increases and a(n)
tax structure applies lower tax rates as the tax base increases. (Use only ONE word per blank.)
proportional
tax structure applies the same tax rate to all levels of income, while a(n)
tax structure applies higher tax rates as the tax base increases and a(n)
tax structure applies lower tax rates as the tax base increases. (Use only ONE word per blank.)
Answers
GPT-4o mini
A(n) **proportional** tax structure applies the same tax rate to all levels of income, while a(n) **progressive** tax structure applies higher tax rates as the tax base increases and a(n) **regressive** tax structure applies lower tax rates as the tax base increases.