Suppose that an income tax is levied on none of the first $1 000,10% of the next $10 000,and 20% of the remainder of earnings.This type of tax can be defined as:

Name: Suppose that an income tax is levied on none of the first $1 000,10% of the next $10 000,and 20% of the remainder of earnings.This type of tax can be defined as:
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This is a progressive tax because the tax rate increases as the income increases. The lower income is taxed at a lower rate and the higher income is taxed at a higher rate.

Suppose That an Income Tax Is Levied on None of the First