If the ratio of tax collections to income rises as income rises,then the tax rate is

Name: If the ratio of tax collections to income rises as income rises,then the tax rate is
Brand: Quizplus
Rating: 4.8 (58 reviews)

Question

Quizplus · Accepted Answer

In a progressive tax system, the proportion of taxes paid increases as income increases. Therefore, if the ratio of tax collections to income rises as income rises, it implies that those with higher incomes are paying a larger proportion of their income in taxes. This is characteristic of a progressive tax system.

If the Ratio of Tax Collections to Income Rises as Income