Taxes-progressive or proportional


Which, if any, of the following taxes is progressive (rather than proportional)?

a) A city's excise tax on hotel occupancy

b) Medicare component of FICA and FUTA

c) Federal gas guzzler tax

d) Value added taxes

e) None of the above

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Accounting Basics: Taxes-progressive or proportional
Reference No:- TGS041535

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