Groucho earns $5 million and pays $2 million in taxes;Harpo earns $300,000 and pays $80,000 in taxes;Chico earns $25,000 and pays $1,000 in taxes.The tax they pay would be considered

Question

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The tax they pay is considered progressive because the percentage of taxes paid increases as income increases. Groucho, who earns the highest income, pays the highest percentage of taxes. Meanwhile, Chico, who earns the lowest income, pays the lowest percentage of taxes.

Groucho Earns $5 Million and Pays $2 Million in Taxes;Harpo