A progressive tax
A) is one that taxes those with higher incomes at a higher rate than those with lower incomes.
B) takes a similar percentage in the form of taxes from those with higher incomes as it does from those with lower incomes.
C) takes a higher percentage of income in the form of taxes from those with lower incomes than from those with higher incomes.
D) is any tax in which the dollar amount of taxes paid increases with income.

Question

Quizplus · Accepted Answer

A progressive tax is designed to impose a higher tax rate on those with higher incomes, meaning they pay a larger percentage of their income in taxes compared to those with lower incomes.

A Progressive Tax