What is a progressive income tax?

a. Tax rate remains the same regardless of income.

c. the average tax rate goes up when income goes up.

b. The average tax rate goes down when income goes up.

d. A tax that is measured at the margin.

Question

Business

Elvis Walters

31 October, 18:40

What is a progressive income tax?

a. Tax rate remains the same regardless of income.

c. the average tax rate goes up when income goes up.

b. The average tax rate goes down when income goes up.

d. A tax that is measured at the margin.

+5

Answers (2)

Know the Answer?

Teagan Ortega · Answer 1

The answer is C) the average tax rate goes up when income goes up

Jay Madden · Answer 2

A progressive income tax is a tax that increases at the income is bigger: this means that richer people will pay more taxes. This kind of tax is used to make sure that people don't starve and fall into poverty because of their tax.

The correct answer is: c. the average tax rate goes up when income goes up.

What is a progressive income tax?a. Tax rate remains the same regardless of income.c. the average tax rate goes up when income goes up.b. The average tax rate goes down when income goes up.d. A tax that is measured at the margin.

What is a progressive income tax?

a. Tax rate remains the same regardless of income.

c. the average tax rate goes up when income goes up.

b. The average tax rate goes down when income goes up.

d. A tax that is measured at the margin.