Identify whether each of the following taxes is progressive or regressive and indicate in each case where you think the tax incidence lies. d. The federal personal income tax is O proportional, and the incident is on the taxpayer. O average, and the incident is on the consumer. O progressive, and the incident is on the taxpayer. O regressive, and the incident is on the taxpayer. e. A 4 percent state general sales tax is O proportional, and the incident is on the consumer. O regressive, and the incident is on the consumer. O average, and the incident is on the consumer. O progressive, and the incident is on the taxpayer. f. A federal excise tax on automobile tires is O progressive, and the incident is on the taxpayer. O proportional, and the incident is on the consumer. O regressive, and the incident is on the consumer. O average, and the incident is on the consumer.

Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter17: Taxation And Resource Allocation
Section: Chapter Questions
Problem 2DQ
icon
Related questions
Question
Identify whether each of the following taxes is progressive or regressive and indicate in each case where you think the tax incidence
lies.
d. The federal personal income tax is
O proportional, and the incident is on the taxpayer.
O average, and the incident is on the consumer.
O progressive, and the incident is on the taxpayer.
O regressive, and the incident is on the taxpayer.
e. A 4 percent state general sales tax is
O proportional, and the incident is on the consumer.
O regressive, and the incident is on the consumer.
O average, and the incident is on the consumer.
O progressive, and the incident is on the taxpayer.
f. A federal excise tax on automobile tires is
O progressive, and the incident is on the taxpayer.
O proportional, and the incident is on the consumer.
O regressive, and the incident is on the consumer.
O average, and the incident is on the consumer.
Transcribed Image Text:Identify whether each of the following taxes is progressive or regressive and indicate in each case where you think the tax incidence lies. d. The federal personal income tax is O proportional, and the incident is on the taxpayer. O average, and the incident is on the consumer. O progressive, and the incident is on the taxpayer. O regressive, and the incident is on the taxpayer. e. A 4 percent state general sales tax is O proportional, and the incident is on the consumer. O regressive, and the incident is on the consumer. O average, and the incident is on the consumer. O progressive, and the incident is on the taxpayer. f. A federal excise tax on automobile tires is O progressive, and the incident is on the taxpayer. O proportional, and the incident is on the consumer. O regressive, and the incident is on the consumer. O average, and the incident is on the consumer.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Microeconomics: Principles & Policy
Microeconomics: Principles & Policy
Economics
ISBN:
9781337794992
Author:
William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:
Cengage Learning
Principles of Macroeconomics (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
Economics
ISBN:
9781305971509
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Principles of Microeconomics (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
Economics
ISBN:
9781305971493
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Principles of Macroeconomics (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
Economics
ISBN:
9781285165912
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
ECON MICRO
ECON MICRO
Economics
ISBN:
9781337000536
Author:
William A. McEachern
Publisher:
Cengage Learning