The tax that is considered a progressive tax is federal income tax. In a progressive tax system, the tax rate increases as the taxable amount increases, meaning that higher-income individuals pay a larger percentage of their income in taxes compared to lower-income individuals.
Which tax is considered a progressive tax?(1 point)
Responses
excise taxes
excise taxes
property taxes
property taxes
federal income tax
federal income tax
sales taxes
1 answer
1 answer