Solved: Is the tax rate progressive, proportional or regressive, Taxation

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Is the tax rate progressive, proportional or regressive

Problem: How do you calculate a marginal tax rate if all you get are these stats? Could you please show your work so I can do this on my own if it's on a test? Thanks!

Suppose taxes are related to income level as follows:

INCOME / TAXES

$1,000 / $200
$2,000 / $350
$3,000 / $450

Is the tax rate progressive, proportional or regressive?

What is the marginal tax rate on the first $1,000 of income? The second? The third?

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Taxation: Is the tax rate progressive, proportional or regressive

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Taxation: Is the tax rate progressive, proportional or regressive

Reference No:- TGS01745024

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