Why are income taxes called progressive taxes?
A) Because poorer people spend proportionally more on necessities
B) Because the more one makes,the greater the proportion of additional amounts paid in income taxes
C) Because the more one makes,the higher the income tax rate that is applied to one's entire income
D) Because they increase total consumption
E) Because the more one progresses in a company,the more one pays in income taxes
Correct Answer:
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