Last year you earned $45,000 and paid $9,000 in income taxes. This year you earned $60,000 and paid $15,000 in income taxes. What kind of income tax do you face?

Question

Quizplus · Accepted Answer

The tax system is progressive because as your income increased from $45,000 to $60,000, the amount of tax you paid also increased from $9,000 to $15,000, indicating a higher tax rate on the higher income.

Last Year You Earned $45,000 and Paid $9,000 in Income