QUESTION IMAGE
Question
which definition best describes a progressive tax system? a tax system where tax rates decrease as income increases a tax system where everyone pays the same tax rate regardless of income a tax system where tax rates increase as income increases a tax system where tax rates remain constant regardless of income
A progressive tax system is structured so that higher-income individuals pay a higher proportion of their income in taxes, meaning tax rates rise as income levels go up. The other options describe regressive (rates fall with income), flat/fixed rate (same rate for all, or constant rate regardless of income) systems.
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a tax system where tax rates increase as income increases