Match the correct type of tax and how revenues are used for the public good:(1 point) Put responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse. Proportional Tax A tax where all levels of yearly income are taxed at the same rate Regressive Tax A tax that does not change based on the taxpayer’s level of income Progressive Tax A tax based on the taxpayer's ability to pay where higher tax rates apply to higher levels of income and a lower tax rate on lower-income earners

1 answer

Here’s the matching of the types of tax to their definitions:

  • Proportional Tax: A tax where all levels of yearly income are taxed at the same rate.

  • Regressive Tax: A tax that does not change based on the taxpayer’s level of income (often affects lower-income individuals more heavily).

  • Progressive Tax: A tax based on the taxpayer's ability to pay where higher tax rates apply to higher levels of income and a lower tax rate on lower-income earners.

If you need a specific input format or further assistance, please let me know!