The table below shows tax payments made for various incomes. According to the information in the table below, the tax system is:
Table 3.2

Question

The table below shows tax payments made for various incomes. According to the information in the table below, the tax system is: ​
Table 3.2
​

Quizplus · Accepted Answer

The tax system is regressive, as the tax rate decreases as income increases. Those with lower incomes pay a higher percentage of their income in taxes compared to those with higher incomes. For example, someone with an income of $5,000 pays 10% in taxes, while someone with an income of $100,000 pays only 5% in taxes.

The Table Below Shows Tax Payments Made for Various Incomes