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The statement a person with a higher income and the ability to pay, will pay a higher tax rate best describes which type of tax? a. Income tax b. Progressive tax c. Payroll tax d. Regressive tax
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Asked 5/9/2013 6:10:21 AM
Updated 5/15/2014 2:11:53 AM
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Flagged by jeifunk [5/15/2014 2:11:53 AM]
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User: The statement a person with a higher income and the ability to pay, will pay a higher tax rate best describes which type of tax? a. Income tax b. Progressive tax c. Payroll tax d. Regressive tax

Weegy: Regressive, proportional, progressive shows tax types that increase as a portion of income as income increases. [ ]
Expert answered|agay18|Points 70|

Question
Asked 5/9/2013 6:10:21 AM
Updated 5/15/2014 2:11:53 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by jeifunk [5/15/2014 2:11:53 AM]
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The statement a person with a higher income and the ability to pay, will pay a higher tax rate best describes PROGRESSIVE TAX.
Added 5/15/2014 2:11:04 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [5/15/2014 2:11:52 AM]
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