Question and answer
Why is the federal income tax a progressive tax? A. A higher income has more deductions. B. A higher income pays a lower rate. C. Corporations can lower their taxable income. D. A higher income pays a higher percentage in taxes.
The federal income tax is a progressive tax because -a higher income pays a higher percentage in taxes.
akone|Points 140|
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Asked 9/20/2012 6:28:46 PM
Updated 8/28/2016 9:24:23 AM
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Edited by yumdrea [8/28/2016 9:24:22 AM]
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