A Tax Rate That Increases as the Tax Base Increases

question 82

Multiple Choice

A tax rate that increases as the tax base increases is an example of what kind of tax rate structure?

• A)Progressive.
• B)Recessive.
• C)Regressive.
• D)Proportional.

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Definitions:

Kilograms

A metric unit of mass equal to one thousand grams or approximately 2.20462 pounds.

Pounds

A unit of weight commonly used in the United States and the British imperial system, equivalent to 0.453592 kilograms.

Milliliters

A metric unit of volume equal to one-thousandth of a liter, used often to measure liquids in scientific and everyday contexts.

Ounces

A unit of weight commonly used in the United States, where one pound is equal to 16 ounces.