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Which describes a type of tax that people pay on money they earn? A) Flat tax B) Income tax C) Purchase tax D) Progressive tax
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The correct answer is; (B) the Income taxExplanation:An income tax is a tax that is required on individuals or entities (taxpayers) that varies with the particular of income or profits (taxable income). Income tax is automatically estimated as the product of a tax rate times assessable income. Taxes may vary according to the type or attributes of the taxpayer.