A progressive tax is one that requires those who are better off to pay more as a percentage of their income.

Question

A progressive tax is one that requires those who are better off to pay more as a percentage of their income.

Quizplus · Accepted Answer

A progressive tax system is designed to collect a greater percentage of taxes from those with higher incomes and a lower percentage from those with lower incomes. This means that those who earn more will pay a larger percentage of their income in taxes compared to those who earn less.

A Progressive Tax Is One That Requires Those Who Are