To what does tax progressivity refer? (5 points) Group of answer choices The amount of tax money spent on technology advancements The connection between income tax rate and spending The relation of tax rate to income The use of taxes for social programs Flag this Question Question 135 pts (01.03 MC) Who would pay the least as a percentage of income under a progressive tax? (5 points) Group of answer choices Factory owner earning $90,000 per year Artist earning $20,000 per year Economist earning $60,000 per year Grill master earning $10,000 per year Flag this Question Question 145 pts (01.03 MC) Your congresswoman supports wealthy Americans paying a greater percentage of their income in taxes than those who are less wealthy. She would most likely support (5 points) Group of answer choices the current federal income tax system the Fair Tax proposal a national flat tax a more regressive income tax system Flag this Question Question 155 pts (01.03 LC) Which type of tax is added to the price of goods and services when a person buys them? (5 points) Group of answer choices Corporate income tax Estate tax Personal property tax Sales tax Flag this Question Question 165 pts (01.03 MC) You earn $50,000 per year and paid 10 percent in taxes this year. The government increased the tax rate to 20 percent for next year. Which amount will you pay in taxes next year? (5 points) Group of answer choices $1,000 $2,000 $5,000 $10,000 Flag this Question Question 175 pts (01.03 MC) Your friend's job pays $10 per hour, and he works 40 hours per week. His tax rate is 20 percent. Assuming he works 50 weeks of the year, his yearly net income is (5 points) Group of answer choices $4,000 $16,000 $20,000 $40,000 Flag this Question Question 185 pts (01.04 LC) Which of these is a fixed expense? (5 points) Group of answer choices Rent Pet needs Entertainment Household items