dinewoodySeu
Answered

To what does tax progressivity refer?

AThe amount of tax money spent on technology advancements

BThe connection between income tax rate and spending

CThe relation of tax rate to income

DThe use of taxes for social programs

Verified Answer :

WorldlyGlass49

The correct answer is C) The relation of tax rate to income

Tax progressivity basically means that the more you earn the higher your taxes are.

I believe the answer is: c. The relation of tax rate to income

In a tax progressive system, people who earned higher level of income would be subjected to higher tax percentage compared to people who earned lower level of income. This system is created to ensure that people with low level income could still meet their daily needs after paying their tax.

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