Under a progressive income tax system, the marginal income tax rate paid by taxpayers

Question

Quizplus · Accepted Answer

Under a progressive income tax system, the marginal income tax rate increases as income increases. This means that as a taxpayer's income goes up, they will be required to pay a higher percentage of their income in taxes. This helps to ensure that those with higher incomes contribute more to the government's revenue, while those with lower incomes are taxed at a lower rate.

Under a Progressive Income Tax System, the Marginal Income Tax