Question

question 19 of 20
____ tax is one example of a progressive tax.
a. property
b. income
c. sales
d. excise

Explanation:

A progressive tax increases as the taxable amount (e.g., income) rises. Income tax typically uses tax brackets where higher earners pay a higher percentage of their income in taxes, fitting the progressive tax definition. Property, sales, and excise taxes are generally regressive or flat, as they take a larger relative share from lower-income individuals.

Answer:

B. Income