Question
The more Blank______ the tax system, the greater the economy's built-in stability.
Multiple choice question.
flat
progressive
regressive
proportional
Multiple choice question.
flat
progressive
regressive
proportional
Answers
GPT-4o mini
The correct answer is **progressive**.
In a progressive tax system, higher income earners pay a larger percentage of their income in taxes compared to lower income earners, which can help stabilize the economy during downturns by maintaining consumer spending.
In a progressive tax system, higher income earners pay a larger percentage of their income in taxes compared to lower income earners, which can help stabilize the economy during downturns by maintaining consumer spending.