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Bailey makes $20,000 a year and pays 15% in taxes. Felicia makes $85,000 a year and pays 25% in taxes. This type of tax structure is
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Dec 23, 2018
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Bailey makes $20,000 a year and pays 15% in taxes. Felicia makes $85,000 a year and pays 25% in taxes. This type of tax structure is
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Progressive Tax Structure
In this system, taxpayers making more money pay higher tax rates than those making less money (your example) .
The US uses this system.
AmirX
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Dec 29, 2018
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