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

Question

-revenue use for public good:funding police and fire departments and maintaining roads and schools
revenue use for public good:military and veteran services
revenue use for public good:social security and medicare

Answer 1

Here is the correct matching of tax types and their respective revenue uses for the public good:

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

   • Revenue use for public good: military and veteran services

2. Regressive Tax: A tax that does not change based on the taxpayer’s level of income

   • Revenue use for public good: social security and medicare

3. 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

   • Revenue use for public good: funding police and fire departments and maintaining roads and schools