Question : One state adds a 7 percent sales tax to the price of most products purchased within its jurisdiction. This tax, therefore, if viewed as tax on income, has the reverse effect of the federal income tax: the lower the income, the higher the annual percentage rate at which the income is taxed. The conclusion above would be properly drawn if which of the following were assumed as a premise?
Correct Answer: A
Explanation under process. It will be available soon.div>
All questions (MCQ) are arranged in sets of questions on pages. You will see 12 questions pre page.
Questions in Sets
How to learn about ISSB Psychological Situation Tests
Learn what are ISSB Thematic Apperception Tests to join Pak Armed Forces
University of Veterinary & Animal Sciences is popular in Punjab
A popular name in the colleges of K ...
A comprehensive list of major colle ...
Have current admission news and inf ...
How you can get UK Visa for Interna ...
Prepare Islamic Hudood Laws 1979 ob ...
How to deal with writing section - ...
GIKI is a big name in Engineering s ...
Govt College Lahore is now has the ...