A country redesigned its tax policy so that the tax rate was reduced for individuals earning larger amounts of money. For example, a household making $50,000 a year would pay 23 percent in taxes while a household making $200,000 would pay 23 percent taxes only on the first $150,000 of their income and no taxes on the income above $150,000. This is called A. liberal taxation. B. regressive taxation. C. conservative taxation. D. progressive taxation.
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