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Question 6(Multiple Choice Worth 4 points)
(01.07 MC)
Your congressional representative supports wealthy Americans paying a greater percentage of their income in taxes than those who
the
following would your representative support?
The current federal income tax system
O The Fair Tax proposal
OA national flat tax
A more regressive income tax system
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Final answer:

A national flat tax involves all taxpayers paying the same percentage of income, contrasting with a regressive income tax system that disproportionately affects lower-income individuals.


Explanation:

A national flat tax is a tax system where all taxpayers pay the same percentage of their income regardless of income level, unlike a progressive tax system where higher-income individuals pay a higher percentage. In contrast to a more regressive income tax system that would disproportionately burden lower-income individuals, a national flat tax would result in everyone paying the same percentage of their income in taxes.

For example, under a flat tax rate of 10%, both an individual making [tex]$40,000 and another making $[/tex]1,000,000 would pay [tex]$4,000 and $[/tex]100,000 in taxes, respectively. This type of tax structure could impact different income groups in varying ways, influencing debates on the fairness and effectiveness of tax policies.


Learn more about tax systems here:

https://brainly.com/question/30080832


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