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Where Monica lives, she makes a lot of money, so she is required to pay a lot of taxes. Wealthier people end up paying more of their income to taxes than people who don’t make as much money. Which type of tax system does Monica’s country MOST likely use?

A. Inheritance
B. Flat
C. Regressive
D. Progressive

2 Answers

5 votes

Answer:

Progressive

Step-by-step explanation:

User Ishita
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D. Progressive

Step-by-step explanation:

A progressive tax is a tax in which the tax rate increases as the taxable amount increases. The term progressive refers to the way the tax rate progresses from low to high, with the result that a taxpayer's average tax rate is less than the person's marginal tax rate.
User Hoang Hiep
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