Suppose an income tax is levied in the following way: All individuals pay 10% of their income up to an income of $30 000.On all income above $30 000,individuals pay 20% of their income.Such a tax is

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This tax is progressive because it taxes higher earners at a higher rate, with a flat 10% rate up to $30,000 and a 20% rate for income above that threshold. This means that individuals with higher incomes will pay a higher percentage of their income in taxes than lower earners.

Suppose an Income Tax Is Levied in the Following Way