scar65000 scar65000
  • 24-05-2017
  • Social Studies
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How is the federal income tax a progressive tax?

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lionman1
lionman1 lionman1
  • 24-05-2017
Although the overall federal taxsystem is progressive, with total federal tax burdens a larger percentage of incomefor higher-income households than for lower-income households, not all taxes within the federal system are equally progressive.

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WeatheringWithYou
WeatheringWithYou WeatheringWithYou
  • 24-05-2017
A progressive tax is a tax where the value can increase based on the taxable amount. If a person has more money and climbs to a higher tax bracket, the tax increases. 
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