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kykrilka [37]
3 years ago
7

Which of these best describes income tax? Regressive tax indirect tax direct tax proportional tax

History
2 answers:
Liula [17]3 years ago
4 0

The correct answer is C) direct tax.

The option that best describes income tax is "direct tax ."

A tax in the United States is the percentage the government takes form income or when you purchase something. There are federal taxes and state taxes that are collected to be invested in infrastructure to help citizens and communities and to pay the bureaucracy of the government. The income tax is levied by the government based on the amount of income you receive such as salary, wages, sales, royalties, and rents. The Internal Service Revenue collects the income tax but helps people offering some deductions such as a percentage of medical bills, mortgages interests, education, and many others.

iren2701 [21]3 years ago
3 0

The correct answer is "income tax is a direct tax".

A direct tax is imposed on a person, instution or property, rather than on a transaction, that is the case of indirect taxes. Direct taxes are, for example, income tax or property tax.

Income taxes are also progressive, because the % that each person needs to pay is related to their income: the % increases when the income is larger. It the % increased for lower incomes it would be regressive. Proportional taxes establish the same % for all taxpayers, regardless of their income .


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