Which of the following taxes is progressive?
A)sales tax
B)excise tax
C)property tax
D)federal income tax

Name: Which of the following taxes is progressive? A)sales tax B)excise tax C)property tax D)federal income tax
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Question

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The federal income tax is progressive, meaning the more income an individual makes, the higher the percentage of their income they are required to pay in taxes. This is achieved through a tax bracket system where higher income earners are placed in higher tax brackets.

Which of the Following Taxes Is Progressive