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Question

In this type of income tax system people who earn less pay a larger part of their income in taxes than people or more is what

1 Answer

  • What is a 'Progressive Tax'
    A progressive tax is a tax that imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer's ability to pay. That means it takes a larger percentage from high-income earners than it does from low-income individuals



    Read more: Progressive Tax
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