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Person A earns $20,000 per year pays 10% income tax equaling $2,000. Person A's final take home pay is $18,000.

Person B earns $200,000 per year and pays 30% income tax equaling $60,000. Person B's final take home pay is
$160,000.
This type of taxation is an example of:

portional tax
progressive tax
regressive tax
real estate tax
Someone plz help

User IronRoei
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1 Answer

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This type of taxation is an example of regressive and progressive tax.

User Nikkya
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