Which is progressive tax 2024?

Charlotte Scott | 2023-05-07 23:59:16 | page views:1889
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Mia Adams

Studied at University of California, Los Angeles (UCLA), Lives in Los Angeles, CA
A progressive tax is a tax in which the tax rate increases as the taxable amount increases. The term "progressive" refers to the way the tax rate progresses from low to high, with the result that a taxpayer's average tax rate is less than the person's marginal tax rate.
2023-05-17 23:59:16

Alexander Lee

QuesHub.com delivers expert answers and knowledge to you.
A progressive tax is a tax in which the tax rate increases as the taxable amount increases. The term "progressive" refers to the way the tax rate progresses from low to high, with the result that a taxpayer's average tax rate is less than the person's marginal tax rate.
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