Multiple Choice
Which statement indicates that an income tax is progressive?
A) High-income people pay $3,000; low-income people pay $1,000.
B) Low-income people pay $3,000; high-income people pay $1,000.
C) High-income and low-income people all pay $1,000 each.
D) High-income people pay 20 percent of their income in taxes; low-income people pay 10 percent.
Correct Answer:
Verified
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