Which of the Following Is True of Progressive Taxation

question 38

Multiple Choice

Which of the following is true of progressive taxation?

• A)People who make more money pay less total taxes.
• B)The marginal tax rate increases as income increases.
• C)The percentage of income paid in taxes decreases as income increases.
• D)People who are poor receive the proceeds of the tax.
• E)The percentage of income paid in taxes increases as income decreases

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Definitions:

Neutrons

Subatomic particles found within an atom's nucleus, possessing no electric charge and contributing to the atom's mass.

Protons

Protons are subatomic particles found in the nucleus of an atom with a positive electric charge.

Electrons

Subatomic particles with a negative charge, found in all atoms and playing a key role in chemical reactions and electricity.

Hydrogen Bonding

A weak type of chemical bond that is common in water and organic compounds, forming between a hydrogen atom and a more electronegative atom.