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Label the following tax scenarios as progressive or regressive

Label the following tax scenarios as progressive or regressive-example-1
User Susdu
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2 Answers

3 votes
1. Progressive
2. Regressive
3. Regressive
4.regressive
5.progressive
User Richcollins
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Federal income tax, Oklahoma state income tax, and the tax scenario where the amount paid depends on income are progressive. Sales tax is regressive.

A tax where everyone pays the same percentage is proportional.

Tax Scenario Labels:

a. Federal income tax: Progressive

Higher income earners pay a larger percentage of their income in taxes compared to lower income earners.

b. Sales tax: Regressive

Everyone pays the same tax rate regardless of their income level, making it a larger burden for lower income earners.

c. A tax where everyone pays the same percentage: Proportional

All income levels pay the same percentage of their income in taxes.

d. Oklahoma state income tax: Progressive

Similar to the federal income tax, higher income earners pay a higher percentage of their income in taxes.

e. A tax where the amount of tax paid depends on income: Progressive

This statement directly implies a progressive tax system, where tax liability increases with income.

User Poss
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