Which of the following tax systems would help reduce income inequality the most?
A)a regressive tax system
B)a proportional tax system
C)a progressive tax system
D)a consumption tax system

Question

Quizplus · Accepted Answer

A progressive tax system would help reduce income inequality the most as it taxes individuals with higher incomes at a higher rate than individuals with lower incomes, thereby redistributing wealth from the rich to the poor.

Which of the Following Tax Systems Would Help Reduce Income