Authors libby rittenberg 840
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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
7. Determine whether a tax on any of the following goods would be
progressive, proportional, or regressive.
1. Food.
2. Clothing.
3. Entertainment.
Attributed to Libby Rittenberg and Timothy Tregarthen
Saylor URL: />
Saylor.org
840
