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Why Are Income Taxes Called Progressive Taxes

Question 45

Short Answer

Why are income taxes called progressive taxes?
Because poorer people spend proportionally more on necessities
Because the more one makes, a greater proportion of additional amounts is paid in income taxes
Because the more one makes, the higher the income tax rate that is applied to one's entire income
Because they increase total consumption
Because the more one progresses in a company, the more one pays in income taxes

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Because the more one...

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