maxgeacryne9792 maxgeacryne9792
  • 03-01-2020
  • Business
contestada

People with _______ incomes tend to spend all of their funds and are, therefore, subject to the "regressive" nature of a sales tax..

Respuesta :

Emhicee
Emhicee Emhicee
  • 03-01-2020

Answer:

low

Explanation:

Because sales tax is consistently applied to purchases irrespective of income level of consumer, it turns out that low income earners are more affected by the tax and hence spend a high percentage or all of their income paying the tax which has become regressive.

Cheers

Answer Link

Otras preguntas

what would happen to a 10kg block of ice if you slowly increased the kinetic energy of the molecules within the ice​
The influence of MTV is predominantly an example of which trend ? socal,artistic,technological, all of the above​
Humans impact other species through a process called … ?
Which of the following is not a goal pursued in the game of economics? A. Security B. Growth C. Efficiency D. Stagnation
You are standing on the beach counting waves. You use the pier to estimate that there is 5 m between wave crests and you measure that a wave takes 2 seconds to
An effect of the Glorious Revolution was that in order to take the throne, William and Mary had to sign
World War II was a turning point for many European colonies in Africa and Asia because the war led to
Solve 3^4x+1=9^3x-5 (This is on a logarithms study guide)
Read the passage from animal farm.
Can u guys help me on number 4 and 5