199k views
2 votes
Define "Progressive Taxation and provide 1 example of a form of taxation in the US that is

progressive in nature.

User Zenab
by
5.3k points

1 Answer

0 votes
“A progressive tax imposes a higher percentage rate on taxpayers who have higher incomes. The U.S. income tax system is an example. A regressive tax imposes the same rate on all taxpayers, regardless of ability to pay. A sales tax is an example.”
User Ika
by
5.5k points