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An individual has taxable income of $60,000. The first $20,000 is taxed at 20%, the next $20,000 is
taxed at 20%, and all income above $40,000 is taxed at 20%. Which tax structure is being applied to the individual's taxable income?
Base
Regressive
Progressive
Proportional
Proportional
Which federal income tax structure imposes an increasing marginal tax rate as the tax base
increases?
Regressive tax
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