_____ tax is the most progressive tax structure in Canada.

Question

Quizplus · Accepted Answer

Income tax is considered the most progressive tax structure because people with higher incomes pay a larger percentage of their income in taxes. The tax rates increase as income levels rise, resulting in a higher tax burden for those with more significant earnings. This makes the income tax system more equitable than other forms of taxation, such as sales tax, which tends to be regressive, meaning that low-income earners bear a higher tax burden.

_____ Tax Is the Most Progressive Tax Structure in Canada