If the percentage of income paid in taxes increases as income rises,then the tax system is

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A progressive tax system is one where the percentage of income paid in taxes increases as income rises. This means that those who earn more pay a higher percentage of their income in taxes compared to those who earn less, making it a fairer system overall. A regressive tax system, on the other hand, would mean that those who earn less pay a higher percentage of their income in taxes compared to those who earn more, which would be less fair. Marginal and nominal are not applicable terms in this context.

If the Percentage of Income Paid in Taxes Increases as Income