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A Progressive Tax System Is One in Which

Question 72

Multiple Choice

A progressive tax system is one in which:


A) tax rates are directly proportional to the inflation rates.
B) higher-income people pay tax at a higher rate than lower-income people.
C) tax rates are inversely related to the inflation rates.
D) higher-income people pay tax at a lower rate than lower-income people.
E) there are no exemptions or deductions from taxable income.

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