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kotegsom [21]
3 years ago
11

A type of taxation in which people and businesses with higher income pay higher taxes is known as _______. A. regressive taxatio

n. B.. . progressive taxation. C.. . flat taxation. D.. . federal taxation. .
Business
2 answers:
lubasha [3.4K]3 years ago
6 0

Answer:

B. progressive taxation.

Explanation:

Progressive taxation consists of instituting taxes according to income level. In this type of taxation, people with lower incomes pay a lower rate and people with higher incomes pay a higher rate. This type of taxation imposes a higher tax burden on the rich. This is the opposite of regressive taxation, which consists in imposing a rate that decreases over time as the amount to be taxed increases. In this way the rich pay proportionally less than the poor.

Airida [17]3 years ago
4 0
The answer is B. Progressive taxation.
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