The U.S.individual income tax system is an example of a progressive tax rate structure.

Name: The U.S.individual income tax system is an example of a progressive tax rate structure.
Brand: Quizplus
Rating: 4.7 (34 reviews)

Question

Quizplus · Accepted Answer

The U.S. individual income tax system is based on a progressive tax rate structure, which means that as an individual's income increases, the tax rate also increases. This is designed to ensure that those with higher incomes pay a larger proportion of their income in taxes than those with lower incomes.

The USIndividual Income Tax System Is an Example of a Progressive