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Examine the four different companies in the table, which shows their yearly
income and their tax rate. Which type of taxation does this table best
represent?
Tax rate
20%
Total income
$50 million
$100 million
$150 million
$200 million
Company A
Company B
Company C
Company D
15%
12%
10%
A. Regressive
B. Progressive
C. Indirect
D. Proportional

Respuesta :

The Type of taxation this table represent is Option A Regressive Tax.

Type of Taxation

There are mainly four types of Taxes, these are Regressive, progressive, Indirect, and Proportional. In the given question the Regressive Taxation system is represented.

A Regressive Taxation system is one where Companies which have lower income have higher tax rate in comparison to big companies. In the given question the company which have lowest income is giving 15% of total income, while the largest company is giving 10% of their income.

Learn More about Taxation System here:

https://brainly.com/question/782502

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