Canada's taxation rules are called "progressive." This means
A)taxes are deducted from your income and withheld at the source.
B)that Canada's tax system supports progressive social programs.
C)the higher your income, the higher your tax rate.
D)that marginal tax rates decrease at higher income levels.

Question

Quizplus · Accepted Answer

Canada's taxation system is considered progressive because the more income an individual earns, the higher their tax rate becomes. This means that higher income earners pay a larger percentage of their income in taxes compared to lower income earners.

Canada's Taxation Rules Are Called "Progressive." This Means