Question
Which of the following taxes uses a progressive tax rate structure?
Multiple choice question.
Social security tax
Excise tax
Sales tax
Federal individual income tax
Multiple choice question.
Social security tax
Excise tax
Sales tax
Federal individual income tax
Answers
GPT-4o mini
The tax that uses a progressive tax rate structure is the **Federal individual income tax**. In a progressive tax system, the tax rate increases as the taxable income increases, meaning that individuals with higher incomes pay a higher percentage of their income in taxes compared to individuals with lower incomes.