What is meant by a progressive tax?
a regressive tax?
a pro- portional tax?

comment on the progressivity or regressivity of each of the following taxes, indicating in each case where you think the tax incidence lies:

(a) the federal personal in- come tax

(b) a 4 percent state general sales tax

(c) a federal excise tax on automobile tires

(d) a municipal property tax on real estate

(e) the federal corporate income tax

(f) the portion of the payroll tax levied on employers

Progressive tax—A tax that takes a larger percentage of income from high-income groups than from low-income groups.

Regressive tax—A tax that takes a larger percentage of income from low-income groups than from high-income groups

A proportional tax is an income tax system where the same percentage of tax is levied on all taxpayers, regardless of their income.

Explanation:

match each type of restriction with one of its effects.

a. land-use laws

b. labor laws

c. banking regulations

a. controlled development of towns and cities

b. protection of young workers

c. greater financial stability

answer; (10%) commission;