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SashulF [63]
3 years ago
6

Whom do progressive taxes assess?

English
2 answers:
Whitepunk [10]3 years ago
5 0

Progressive taxes assess a large percentage of high-income households and organizations.

A progressive tax refers to a tax that imposes a lower tax rate on low-income earners in comparison to those who earn more, making it based on the taxpayer's ability to pay. In other words, it takes a larger percentage from high-income earners than it does from low-income individuals.  

The term "progressive" refers to the way the tax rate progresses from low to high.

miskamm [114]3 years ago
4 0
A large percentage of high-income<span> households and organizations. Is our answer!!</span>
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