The individual income tax is a progressive tax, which means that?

A. everyone pays the same, flat tax rate.

B. wealthy people can find many loopholes that allow them not to pay taxes at all.

C. the higher one’s income, the higher the percentage one pays in taxes.

D. the higher one’s income, the lower the percentage one pays in taxes.

✅ Answers

🥇 Favorite Answer

  • C

    Meaning it gets progressively larger with income.

    (First correct answer)

  • Mostly C but I think you will find a bit of B still manages to slip in there.

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