CAF-2 · Chapter 1 · Question 13 of 13
Which kind of tax takes a larger percentage from a high-income earner than it does from a low-income earner, aligning with the principle that a rich man should pay more than a poor man?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) D) Progressive tax
Explanation
A progressive tax takes a larger percentage from high-income earners than from low-income earners, meaning the more one earns, the more tax they have to pay.
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