What is the name of a tax system that is designed so that the higher a person's income, the higher the tax rate the person pays on each additional dollar earned?

Question

Quizplus · Accepted Answer

A progressive tax system is designed so that the more a person earns, the higher the percentage of tax they pay on their income. This means that higher income earners will pay a higher rate of tax on each additional dollar they earn, making the tax system progressively more expensive for those with higher incomes. Other options do not accurately describe a tax system that is based on income level.

What Is the Name of a Tax System That Is