Professional Custom Accounting papers: Distinguish between progressive, regressive and proportional taxes.
1. Distinguish between progressive, regressive and proportional taxes. Give an example of each.
2. What is the primary source of revenue for the following levels of government?
a. federal
b. state
c. local
3. Of the explanations for tax revolts discussed in the book, which one is the most convincing or persuasive? Least convincing or persuasive?
