Exhibit 16-3 Income for two persons NameIncome Meredith$124,000 Hillary$ 45,000 In Exhibit 16-3, if the income tax system is currently proportional, we know that:

A. Meredith would probably prefer a progressive income tax system while Hillary would probably prefer a regressive income tax system.
B. Meredith and Hillary would both probably prefer a regressive income tax system.
C. Meredith and Hillary would both probably prefer a progressive income tax system.
D. Meredith would probably prefer a regressive income tax system while Hillary would probably prefer a progressive income tax system.

ANSWER

D