A tax system in which high-income people pay a higher proportion of their income in taxes than low-income people is known as ______ tax system.

Name: A tax system in which high-income people pay a higher proportion of their income in taxes than low-income people is known as ______ tax system.
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Question

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A progressive tax system is characterized by higher income individuals paying a larger percentage of their income in taxes compared to those with lower incomes.

A Tax System in Which High-Income People Pay a Higher