A progressive income tax is one that
A) taxes income so that the average tax rate increases with the level of income.
B) taxes all income above the guaranteed minimum at an average rate that decreases with income.
C) taxes income so that the average tax rate decreases with the level of income.
D) taxes income at a constant rate, regardless of the level of income.
Correct Answer:
Verified
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A) the average income.
B) the
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