Imagine you live in a society with progressive taxation. Your friend makes half of your salary and pays 20 percent in income taxes. Which rate most likely would be your income tax rate?
A) 2%
B) 10%
C) 20%
D) 40%
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Home » Business » Imagine you live in a society with progressive taxation. Your friend makes half of your salary and pays 20 percent in income taxes. Which rate most likely would be your income tax rate? A) 2% B) 10% C) 20% D) 40%