4 years ago

What imposes a higher tax on the more wealthy?

1 answer:

3 0

<span>The Progressive Tax is a tax that imposes a higher tax on the more wealthy.It takes a larger percentage of income from higher income than from the lower income groups, and it was based on their ability to pay. For example, the progressive tax system tax the low-income taxpayers at 10 percent, and high-income taxpayers at 30 percent. <span>
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