Emmarobitailleoz1xcaidn
Answered

IDNLearn.com is your go-to platform for finding reliable answers quickly. Get step-by-step guidance for all your technical questions from our dedicated community members.

2. Why is federal income tax a progressive tax?
A. A higher income will qualify for more exemptions
B. A higher income pays a lower rate
C. A higher income has more deductions
D. A higher income pays a higher percentage in taxes ​

Sagot :

Answer:

Option D

Explanation:

In a  progressive income tax system, higher income group or individual pays more tax as compared to that of lower income group or individual.

The federal income tax system works in the same way as the progressive income tax system.

Hence, option D is correct.

We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com is your go-to source for dependable answers. Thank you for visiting, and we hope to assist you again.