A progressive tax is one for which the percentage of each added dollar of income paid in taxes
A)increases as income increases.
B)remains the same as income increases.
C)decreases as income increases.
D)is zero after a certain maximum income is reached.

Question

Quizplus · Accepted Answer

A progressive tax is a tax system in which the tax rate increases as the income of the taxpayer increases. Therefore, the percentage of each added dollar of income paid in taxes increases as income increases. This is the fundamental feature of a progressive tax system.

A Progressive Tax Is One for Which the Percentage of Each