Questions: A tax system has increasing rates as the tax base increases. regressive proportional progressive

A tax system has increasing rates as the tax base increases. regressive proportional progressive
Transcript text: A tax system has increasing rates as the tax base increases. regressive proportional progressive
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Solution

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Answer

The answer is progressive.

Explanation
Option 1: Regressive

A regressive tax system is one where the tax rate decreases as the tax base increases. This means that individuals with lower incomes pay a higher percentage of their income in taxes compared to those with higher incomes. This is not the case described in the question.

Option 2: Proportional

A proportional tax system, also known as a flat tax, is one where the tax rate remains constant regardless of the tax base. Everyone pays the same percentage of their income, regardless of how much they earn. This does not match the description of increasing rates as the tax base increases.

Option 3: Progressive

A progressive tax system is one where the tax rate increases as the tax base increases. This means that individuals with higher incomes pay a higher percentage of their income in taxes compared to those with lower incomes. This matches the description provided in the question.

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