Question
Which tax is considered a progressive tax?(1 point)
Responses
property taxes
property taxes - no response given
sales taxes
sales taxes - no response given
federal income tax
federal income tax - no response given
excise taxes
Responses
property taxes
property taxes - no response given
sales taxes
sales taxes - no response given
federal income tax
federal income tax - no response given
excise taxes
Answers
GPT-4o mini
The tax that is considered a progressive tax is the **federal income tax**. In a progressive tax system, individuals with higher incomes pay a higher percentage of their income in taxes compared to those with lower incomes.