Question

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 1

Answer:a is right

Explanation:

Answer 2

Answer: A. The rate increases as income increases

Explanation:

A progressive tax is known to be a type of tax in which the tax rate increases as income of individual’s increases. This means that individuals with higher income pay more than those with low income.

Taxes are known as the amount of money levied or charged on individual’s income or properties by the government. Thus, taxes are used in providing social amenities for the public such as education, good road, sewage system, electricity, pipe borne water and so on.