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26 May, 16:06

To what does tax progressivity refer?

A) The amount of tax money spent on technology advancements

B) The connection between income tax rate and spending

C) The relation of tax rate to income

D) The use of taxes for social programs

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Answers (2)
  1. 26 May, 16:43
    0
    I believe the answer is: c. The relation of tax rate to income

    In a tax progressive system, people who earned higher level of income would be subjected to higher tax percentage compared to people who earned lower level of income. This system is created to ensure that people with low level income could still meet their daily needs after paying their tax.
  2. 26 May, 17:44
    0
    The correct answer is C) The relation of tax rate to income

    Tax progressivity basically means that the more you earn the higher your taxes are.
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