Which tax system requires higher-income taxpayers to pay a higher percentage of their income in taxes?

Question

Quizplus · Accepted Answer

A progressive tax system requires higher-income taxpayers to pay a higher percentage of their income in taxes. This is because the tax rate increases as income levels rise, with the aim of creating a fairer tax system by distributing the tax burden more equitably based on ability to pay. The other options (proportional, regressive, lump-sum) do not have this feature.

Which Tax System Requires Higher-Income Taxpayers to Pay a Higher