Under the progressive income tax system in the United States, as real incomes rise,
A) a smaller share of income is taxed at higher rates.
B) there is no change in the share of income taxed at higher rates.
C) a larger share of income is taxed at higher rates.
D) none of the above are true.

Question

Quizplus · Accepted Answer

Under the progressive income tax system in the United States, as real incomes rise, a larger share of income is taxed at higher rates. This is because higher incomes are subject to higher tax rates, which means that a greater percentage of the income is taxed at a higher rate.

Under the Progressive Income Tax System in the United States