Define "Progressive Taxation and provide 1 example of a form of taxation in the US that is
progressive in nature.

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06-05-2021
Social Studies

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Define "Progressive Taxation and provide 1 example of a form of taxation in the US that is
progressive in nature.

Sagot :

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345768765432 345768765432 · Answer 1 · 2021-05-06T18:01:08-04:00

345768765432 345768765432

06-05-2021

“A progressive tax imposes a higher percentage rate on taxpayers who have higher incomes. The U.S. income tax system is an example. A regressive tax imposes the same rate on all taxpayers, regardless of ability to pay. A sales tax is an example.”

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