A progressive tax:
A)is designed to take a larger percentage of higher incomes as compared to lower incomes.
B)takes a greater proportion of the income of lower-income groups than of higher-income groups.
C)is designed so that everybody would be charged the same percentage of their income.
D)is designed to take a smaller percentage of higher incomes as compared to lower incomes.

Question

A progressive tax:
A)​is designed to take a larger percentage of higher incomes as compared to lower incomes.
B)​takes a greater proportion of the income of lower-income groups than of higher-income groups.
C)​is designed so that everybody would be charged the same percentage of their income.
D)​is designed to take a smaller percentage of higher incomes as compared to lower incomes.

Quizplus · Accepted Answer

A progressive tax is designed to take a larger percentage of higher incomes as compared to lower incomes. As the income of an individual or household increases, the tax rate also increases, resulting in a higher tax burden for those with higher incomes. This system is intended to create a more equitable distribution of tax burdens across income levels.

A Progressive Tax