Question

The difference between consumption function curves with and without tax
will remain same due to
1) The lump-sum tax policy
2) Progressive tax policy
3)Zero tax policy
4)Regressive tax policy​

Answer 1

Answer:

Regressive, Proportional and Progressive Taxes: An Overview

Tax systems in the U.S. fall into three main categories: Regressive, proportional, and progressive. Two of these systems impact high- and low-income earners differently. Regressive taxes have a greater impact on lower-income individuals than the wealthy.

Explanation:

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