194k views
0 votes
What is the defining feature of a progressive tax?

User Mortenpi
by
8.2k points

1 Answer

4 votes
The defining feature of a progressive tax is that the tax rate increases as the taxable amount increases. In other words, people with higher incomes pay a higher percentage of their income in taxes than people with lower incomes. This is often seen as a way to redistribute wealth and ensure that those with more resources contribute more to society.
User Caged
by
8.2k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories