Answer:
regressive
Explanation:
A regressive tax is basically a tax whose rate increases as your income decreases. Generally you do not need to increase the marginal tax rate of lower income levels, all you need to do is have a flat tax that taxes everyone with the same amount. E.g. everyone pays $2,000 as income taxes. $2,000 per person represents 10% of the first household's income, but it only represents 2.7% of the fourth household's income.
On the other hand, progressive taxes increase as the income level of the taxpayers increases.
Answer:
Option "E" is the correct answer to the following question.
Explanation:
Corporate bylaws or Laws are special rules or regulations made by a company which is a set of statutory laws used by the Board of Directors. Corporate rules or regulations are important legal documents that ensure how a manager will run a corporate website and all the rules and regulations related to it are written.
Corporate bylaws or Laws are used to run corporations easily and smoothly.
External shocks, businesses investment,and interest rates
