A progressive tax system is one in which the tax rate actually increases as income rises.

Name: A progressive tax system is one in which the tax rate actually increases as income rises.
Brand: Quizplus
Rating: 4.8 (54 reviews)

Question

Quizplus · Accepted Answer

A progressive tax system is designed to have higher tax rates for those with higher incomes, in order to create a more equitable distribution of tax burdens. This means that as income rises, the tax rate also increases.

A Progressive Tax System Is One in Which the Tax