Which of the following is an example of a progressive tax?
A)Social Security tax
B)income tax
C)property tax
D)sales tax
E)All taxes are progressive taxes.

Question

Quizplus · Accepted Answer

Income tax is a progressive tax because the more income a person earns, the higher percentage of their income they pay in taxes. High-income earners are placed in higher tax brackets and pay a higher percentage of their income in taxes compared to low-income earners.

Which of the Following Is an Example of a Progressive