The best example of a progressive tax in the United States is Federal Personal Income Tax.
<u>Explanation:</u>
A progressive tax is a scheme to pay tax where tax rate changes based on the taxable amount. If the taxable amount high or got increased then the tax to be paid also will be high and will get increased. This system used that a person with a low-income rate can pay only low taxes compared to a person with a higher income rate.
The main goal of this framework is not to encourage high earners to earn more and not to discourage low-income earners to become the poor. The United States established this income-tax system in 1862. The Federal tax authority also provides a personal exception that includes deductions in the taxes for low-income people.
Answer:
E. Reducing your consumption of goods and services not essential to your education.
Explanation:
Reducing unnecessary expenses is an effective way to cope up with the expenses that cannot be neglected. Pursuing loans, taking fewer classes, or protesting are time consuming procedures. Neither can you get the loan right away nor will your protests make any difference within a short time span. Also, you have a fixed academic calendar to complete your courses so cutting down on irrelevant expenses is the best approach.
Answer:
incentive
Explanation:
incentive is stimuli (which can be both negative and positive) which motivates one towards any particular action. It is reinforced behavior of a person in response of a desired reward.
Answer:
A
Explanation:
Supply is best affected by demand