Question

    What is a progressive tax system?

    A A tax system where everyone pays the same rate Correct Answer Incorrect Answer
    B A tax system where tax rates decrease as income increases Correct Answer Incorrect Answer
    C A tax system where tax rates increase as income increases Correct Answer Incorrect Answer
    D A flat tax system Correct Answer Incorrect Answer
    E A tax system based on consumption Correct Answer Incorrect Answer

    Solution

    A progressive tax system imposes higher tax rates on higher income levels, aiming to distribute the tax burden more equitably.

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