Question

The Federal personal income tax is:_______

a) proportional, and the incident is on the taxpayer
b) average, and the incident is on the consumer
c) regressive, and the incident is on the taxpayer
d) progressive, and the incident is on the taxpayer

Answer 1

D. Progressive and the incident is on the tax payer

Step-by-step explanation:

The federal personal income tax is a progressive tax because the tax increases as the income of the individual increases.

A progressive tax system is where higher tax rate falls on high income earners and lower tax rate on low income earners. The incident of personal income tax is on the tax payers because they the burden of paying the tax is borne by them.