Ask Question
23 January, 02:16

Is it possible for a country with a regressive tax system to have a tax-spending system that transfers resources from the rich to the poor? a. Yes, if the poor get more in spending than they pay in taxes. b. No, because regressive taxes cannot be combined with transfers from the rich to the poor. c. Yes, if the poor get as much in spending as they pay in taxes. d. No, because the regressive tax would outweigh any spending program.

+3
Answers (1)
  1. 23 January, 03:23
    0
    Answer:A

    Explanation:

    A regressive tax is a tax impose in such a manner that the tax rate decreases as the amount subject to taxation increases.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Is it possible for a country with a regressive tax system to have a tax-spending system that transfers resources from the rich to the poor? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers