Question

"Tax bracket" is a term associated with which type of taxation? A. Corporate B. Proportional C. Progressive D. Flat.

Answer 1

The third alternative is correct (C).

Tax bands are divisions in which the aliquots that are levied on the tax are different at each level. This serves to differentiate the size of the tax from the income of the people, which characterizes the progressive character of a given tax system.

Taxation is said to be progressive when it demands more of those who have more and less of those who have less. It is closely associated with the concept of contributory capacity. Otherwise, to demand more tribute from those who have less and less of those who have more, we will face a regressive taxation.

Answer 2

"Tax bracket" is a term associated with progressive type of taxation. The correct option among all the options that are given in the question is the third option or option "C". The other choices given in the question can be neglected. I hope that this is the answer that has come to your great help.