Canada's taxation rules are called "progressive." This means
A)taxes are deducted from your income and withheld at the source.
B)that Canada's tax system supports progressive social programs.
C)the higher your income,the higher your tax rate.
D)government benefits are clawed back when someone's income exceeds a certain threshold.

Question

Quizplus · Accepted Answer

Canada's taxation rules are called "progressive" because the higher your income, the higher your tax rate. This means that individuals with higher income levels contribute more to the overall tax revenue, which is then used to fund public programs and services.

Canada's Taxation Rules Are Called "Progressive." This Means