asked 128k views
18 votes
Person A earns $20,000 per year pays 10% income tax equaling $2,000. Person A's final take home pay is $18,000.

Person B earns $200,000 per year and pays 30% income tax equaling $60,000. Person B's final take home pay is
$160,000.
This type of taxation is an example of:

portional tax
progressive tax
regressive tax
real estate tax
Someone plz help

asked
User IronRoei
by
8.1k points

1 Answer

0 votes
This type of taxation is an example of regressive and progressive tax.

answered
User Nikkya
by
7.8k points
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