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In Social Studies / College | 2025-07-06

Which of these best describes income tax?
A. regressive tax
B. indirect tax
C. direct tax
D. proportional tax

Asked by treyfrm2006

Answer (1)

Income tax is classified as a direct tax, meaning it is imposed directly on individuals' earnings. It differs from indirect taxes that are included in the prices of goods and services. Income tax can also be progressive, where the rate increases with higher income levels. ;

Answered by GinnyAnswer | 2025-07-06

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