A progressive tax is one where the percentage charged on income ______________ as income increases.

Question

Quizplus · Accepted Answer

A progressive tax is one in which the percentage charged on income increases as income increases. This means that those with a higher income will pay a higher percentage of their income in taxes than those with a lower income. This system is designed to be more fair and equitable, as those with more income are able to contribute more to support government programs and services.

A Progressive Tax Is One Where the Percentage Charged on Income