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AlexFokin [52]
3 years ago
9

How is the federal income tax a progressive tax?

Social Studies
1 answer:
d1i1m1o1n [39]3 years ago
4 0
A progressive tax takes a larger percentage of income from high-income groups than from low-income groups and is based on the concept of ability to pay. A progressive tax system might, for example, tax low-income taxpayers at 10 percent<span>, middle-income taxpayers at </span>15 percent<span> and high-income taxpayers at </span>30 percent<span>.</span>
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4 years ago
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