An income tax is progressive if theA) tax rate decreases as income increases.B) percentage of income paid in taxes increases as income increases.C) percentage of income paid in taxes stays the same regardless of the size of income.D) dollar amount paid in taxes increases with income.

Question

An income tax is progressive if theA)  tax rate decreases as income increases.B)  percentage of income paid in taxes increases as income increases.C)  percentage of income paid in taxes stays the same regardless of the size of income.D)  dollar amount paid in taxes increases with income.

Nazia patel · Accepted Answer

Final Answer : B, Explanation :  A progressive income tax system is one where the percentage of income paid in taxes increases as the income increases, meaning higher earners pay a larger proportion of their income in taxes compared to lower earners.

An income tax is progressive if the

A) tax rate decreases as income increases.
B) percentage of income paid in taxes increases as income increases.
C) percentage of income paid in taxes stays the same regardless of the size of income.
D) dollar amount paid in taxes increases with income.

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