A tax system that has higher marginal tax rates as income increases is known as a

Name: A tax system that has higher marginal tax rates as income increases is known as a
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A progressive tax system has higher marginal tax rates as income increases, meaning that those who earn more income pay a higher percentage of their income in taxes compared to those who earn less. This is a way to achieve greater income equality and to use the tax system to redistribute wealth to those who need it most.

A Tax System That Has Higher Marginal Tax Rates as Income