Which of the following is an example of a progressive tax?
A)an automobile emissions tax
B)the federal income tax
C)the harmonized sales tax
D)a gasoline tax

Question

Quizplus · Accepted Answer

A progressive tax is a tax in which the tax rate increases as the taxable amount increases. The federal income tax is an example of a progressive tax as the tax rate increases as income rises. The other options listed are not progressive taxes - an automobile emissions tax, a gasoline tax, and a harmonized sales tax do not have tax rates that increase as the taxable amount increases.

Which of the Following Is an Example of a Progressive