The U.S. tax system is
A) progressive.
B) flat.
C) regressive.
D) None of the answers is correct.

Question

Quizplus · Accepted Answer

The U.S. tax system is progressive, which means the more income you earn, the higher percentage of that income you pay in taxes. This is achieved through a tiered system of tax brackets where people with higher incomes pay a higher percentage of their income in taxes than those with lower incomes, making it possible to redistribute wealth and create a more equitable tax system.

The U.S. Tax System Is