2632EconomicsMedium
A progressive tax system is one where?
Ahigher income taxpayers pay more taxes than do lower income taxpayers.
Bmarginal tax rates are low.
Chigher income taxpayers pay a greater percentage of their income in taxes than do lower income taxpayers.
Dmarginal tax rates are high.
Correct answer
C. higher income taxpayers pay a greater percentage of their income in taxes than do lower income taxpayers.
Explanation
The correct answer is higher income taxpayers pay a greater percentage of their income in taxes than do lower income taxpayers..