According to some,the current income tax progressively penalizes all the behaviors that produce higher incomes-work,savings,investment,and initiative.

Question

Quizplus · Accepted Answer

This statement suggests that the current income tax system penalizes those who work harder, save more, invest wisely, and take initiative to increase their income. This is because as one's income increases, they are subject to higher tax rates, which can disincentivize these behaviors. Therefore, the statement is true.

According to Some,the Current Income Tax Progressively Penalizes All the Behaviors