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nadezda [96]
3 years ago
8

Which of the following statements concerning income tax rate structures is false?

Business
1 answer:
soldi70 [24.7K]3 years ago
7 0

Answer:

a) Under a progressive rate structure, the marginal rate and the average rate are equal

Explanation:

There are basically three types of tax structure which are as follows

1. A regressive tax levied the similar percentage in the goods that are purchased irrespective of the income of the buyer it would not be good for the poor earners

2. A proportional tax levied the similar tax rate for all types of individuals irrespective of the income

3. A progressive tax levied the high percentage who has higher income as they can afford to pay more and the lower percentage for the lower income and vice versa.

So based on the given options, the option A is false and hence the same is to be considered

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