Table 12-9

-Refer to Table 12-9.A progressive tax is illustrated by tax
A)a.
B)B.
C)C.
D)D.

Name: Table 12-9 -Refer to Table 12-9.A progressive tax is illustrated by tax A)a. B)B. C)C. D)D.
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Question

Table 12-9
 
-Refer to Table 12-9.A progressive tax is illustrated by tax
A)a. 
B)B. 
C)C. 
D)D.

Quizplus · Accepted Answer

A progressive tax system is one where the tax rate increases as the taxable amount increases. In this table, the tax rate increases as the income increases, making it a progressive tax. Choice C shows the highest tax rate for the highest income, indicating a progressive tax system.

Table 12-9 -Refer to Table 12-9.A Progressive Tax Is Illustrated by Tax