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anonymous

  • one year ago

To what does tax progressivity refer?

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  1. helder_edwin
    • one year ago
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    richer people pay a higher tax rate.

  2. madhu.mukherjee.946
    • one year ago
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    A progressive tax is a tax in which the tax rate increases as the taxable amount increases. The term "progressive" refers to the way the tax rate progresses from low to high, with the result that a taxpayer's average tax rate is less than the person's marginal tax rate.

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