A tax that results in a larger fraction of income being paid in taxes as income rises is a ________ tax.

Name: A tax that results in a larger fraction of income being paid in taxes as income rises is a ________ tax.
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Question

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A progressive tax is designed such that as income increases, the percentage of income paid in taxes also increases. This means that those with higher incomes pay a higher percentage of their income in taxes than those with lower incomes.

A Tax That Results in a Larger Fraction of Income