select the correct answer. which statement about progressive taxes is true? a. the rate increases as income…

select the correct answer. which statement about progressive taxes is true? a. the rate increases as income increases. b. the rate remains the same, even if income increases or decreases. c. the rate decreases as income increases. d. the rate increases as income decreases.

select the correct answer. which statement about progressive taxes is true? a. the rate increases as income increases. b. the rate remains the same, even if income increases or decreases. c. the rate decreases as income increases. d. the rate increases as income decreases.

Answer

Brief Explanations:

Progressive taxes are structured such that the tax - rate increases as the taxable income increases. This is designed to have higher - income individuals pay a larger proportion of their income in taxes compared to lower - income individuals.

Answer:

A. The rate increases as income increases.