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What is a progressive tax? O A. A tax that charges more for higher incomes OB. A tax that raises prices on imports OC. A tax that pays for specific social programs O D. A tax that reduces demand for harmful
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Mar 2, 2021
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What is a progressive tax?
O A. A tax that charges more for higher incomes
OB. A tax that raises prices on imports
OC. A tax that pays for specific social programs
O D. A tax that reduces demand for harmful activities
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The correct answer is A, progressive taxes are those that charge more for higher incomes and less for lower incomes, if your income is increasing the tax level will eventually increase as well.
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Mar 7, 2021
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