When the tax structure of a nation is progressive, as incomes increase, the tax rate:
A) declines.
B) remains the same.
C) increases.
D) is proportional.

Question

Quizplus · Accepted Answer

In a progressive tax structure, the tax rate increases as incomes increase. This means that those who earn higher incomes pay a larger percentage of their income in taxes, while those with lower incomes pay a relatively lower percentage. This is intended to promote greater income equality and can help fund social welfare programs.

When the Tax Structure of a Nation Is Progressive, as Incomes