Which tax system requires higher-income taxpayers to have lower tax rates, even though they pay a larger amount of tax when compared to lower-income taxpayers?
A)a proportional tax
B)a progressive tax
C)a regressive tax
D)a lump-sum tax

Question

Quizplus · Accepted Answer

A regressive tax system imposes lower tax rates on higher-income individuals, although they may pay a larger total amount of tax compared to lower-income individuals.

Which Tax System Requires Higher-Income Taxpayers to Have Lower Tax