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ryzh [129]
3 years ago
9

Ok 1 more!!!!!!!!!!!!!!!!!!!!

Business
1 answer:
vesna_86 [32]3 years ago
3 0

The first answer is C and the second answer is B






hope it helps :P

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In a situation wherein Country Y has a progressive tax system for income, with no credits or deductions, a CEO earning $2.5 million per year would pay the most as a percentage of income in the country Y. Therefore, the option D holds true.

<h3>What is the significance of a progressive tax system?</h3>

A progressive tax system can be referred to or considered as a system wherein the percentage of tax to be levied increases with an increase in the total taxable income for an individual. The rates of taxation under this system are defined under percentage.

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Therefore, the option D holds true and states regarding the significance of the progressive tax system.

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