By definition,a progressive tax:

Question

Quizplus · Accepted Answer

A progressive tax is one in which the tax rate increases as income increases. This means that those with higher incomes pay a higher percentage of their income in taxes while those with lower incomes pay a lower percentage. Therefore, option B is the correct answer as it correctly defines what a progressive tax is. Option A is incorrect as a progressive tax should not generate greater tax revenues from the poor. Option C is incorrect as a progressive tax should not impose a lower tax rate as income increases. Option D is incorrect as a progressive tax does not imply that the same tax rate is paid at all income levels.

By Definition,a Progressive Tax