Authors libby rittenberg 840

Assume that an excise tax on any of these would, in the long run, be shifted fully to consumers Income range Average income Food $0–$25,000 $20,000 $5,000 $1,000 $500 $25,000–$50,000 $40,000 $8,000 $2,000 $2,000 $50,000–$75,000 $65,000 $9,750 $3,250 $5,200 $75,000– $100,000 $80,000 $10,000 $4,000 $8,000 > $100,000 $200,000 $16,000 $10,000 $30,000 Clothing Entertainment Determine whether a tax on any of the following goods would be progressive, proportional, or regressive Food Clothing Entertainment Attributed to Libby Rittenberg and Timothy Tregarthen Saylor URL: http://www.saylor.org/books/ Saylor.org 840