anonymous
  • anonymous
To what does tax progressivity refer?
Economics - Financial Markets
  • Stacey Warren - Expert brainly.com
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SOLVED
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chestercat
  • chestercat
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helder_edwin
  • helder_edwin
richer people pay a higher tax rate.
madhu.mukherjee.946
  • madhu.mukherjee.946
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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