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12 January, 10:16

What does a progressive taxation system do?

A) funds social programs

B) raises prices on imports

C) creates government corporations

D) increases the tax rate as income rises

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Answers (2)
  1. 12 January, 12:05
    0
    A progressive tax is a tax in which the tax rate increases as the taxable amount increases.

    So that means the answer is D it increases the tax rate as income rises.
  2. 12 January, 14:03
    0
    It increase the tax rate as income rises - apex
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