The mythical country of Traviola imposes a tax based on the number of gold Tokens each taxpayer owns at the end of each year per the following schedule:

Traviola's Token tax is a

Question

The mythical country of Traviola imposes a tax based on the number of gold Tokens each taxpayer owns at the end of each year per the following schedule:
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Traviola's Token tax is a

Quizplus · Accepted Answer

The tax levied by Traviola is progressive in nature as the tax rate increases with an increase in the number of gold Tokens owned by the taxpayer. This means that individuals with higher wealth or income levels will bear a higher tax burden than those with lower levels, making it a progressive tax.

The Mythical Country of Traviola Imposes a Tax Based on the Number