Which if any of the following taxes are proportional rather

Which, if any, of the following taxes are proportional (rather than progressive)?


Federal corporate income tax


Federal gift tax

Federal estate tax

Federal employment tax

All of the above

Solution

Correct answer is D

--------------------------------------------------------------------------------------------------------------------------

Federal employment tax dos not progress and they are applied at constant rate

--------------------------------------------------------------------------------------------------------------------------

Hope that helps.

Feel free to comment if you need further assistance J

Which, if any, of the following taxes are proportional (rather than progressive)? Federal corporate income tax Federal gift tax Federal estate tax Federal emplo

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site