Question

Which tax is considered a progressive tax?(1 point)
Responses

property taxes
property taxes

sales taxes
sales taxes

excise taxes
excise taxes

federal income tax

Answer 1

The tax that is considered a progressive tax is the **federal income tax**. A progressive tax system is one where the tax rate increases as the taxable amount increases, meaning higher earners pay a larger percentage of their income in taxes compared to lower earners.