What is the best definition of a progressive tax system

Asked by admin @ 22/11/2021 in Mathematics viewed by 311 People

What is the defining feature of a progressive tax?

Answered by admin @ 22/11/2021

Answer:

The progressive tax system is one where the average tax rate increases as the taxable income of a person increases.

This means that the more one earns, the more he has to pay in taxes.The rich people have more tax burden as compared to the poor people.

This tax deduction is based on the taxpayer's ability to pay.

Which of the following best matches the definition of psychology

Asked by admin @ 28/10/2021 in Social Studies viewed by 381 persons

. Which of the following is the best definition of the science of psychology? a. study of supernatural phenomena b. sociological study of individual and group dynamics c. scientific study …

What type of tax system does the united states use

Asked by admin @ 28/10/2021 in Business viewed by 292 persons

What type of tax system does the United States government use to collect income taxes? O Federal O Regressive O Progressive O Proportional

Which is the best definition of the term magic realism

Asked by admin @ 07/10/2021 in English viewed by 303 persons

Which is the best definition of the term "magic realism"? a narrative genre of literature that takes ordinary events and makes them seem extraordinary to the read a narrative genre …

Which of the following is the best definition of fermentation

Asked by admin @ 07/10/2021 in Biology viewed by 286 persons

Which of the following is the best definition of fermentation? A) the production of energy by both substrate and oxidative phosphorylation B) the complete catabolism of glucose to CO2 and …

Which of the following is the best definition of federalism

Asked by admin @ 02/10/2021 in Social Studies viewed by 337 persons

What is the best definition of federalism? a government in which power is given to Congress directly a government in which power is under the control of the states a …

Which of the following is the best definition of speed

Asked by admin @ 06/08/2021 in Physics viewed by 289 persons

Which of the following best defines speed? It is an object's speed at a specific point in time. It is the distance traveled by an object in a specific direction. …

Which of the following is the best definition for allegory

Asked by admin @ 04/08/2021 in English viewed by 330 persons

Which of the following is the best definition for “allegory”?

Which of these is the best definition of a disaster

Asked by admin @ 03/08/2021 in Business Studies viewed by 305 persons

Which of the following is the best definition of the "all hazards" approach? A. emergency planners and responders are prepared to respond to any emergency. B.agencies effectivly communicate with each …

Which of the following is the best definition of globalization

Asked by admin @ 02/08/2021 in Geography viewed by 279 persons

Which of the following is the best definition of globalization? A. the removal of political influence from world economies B. the drift of continents toward the geographic center of the …

Which of the following is the best definition of psychology

Asked by maham237 @ 01/07/2021 in Social Studies viewed by 316 persons

a. study of supernatural phenomena b. sociological study of individual and group dynamics c. scientific study of behavior and mental processes d. humanistic study of emotions and feelings

Which of the following definitions best describes the term devolution

Asked by maham237 @ 29/06/2021 in Social Studies viewed by 364 persons

A. the creation of a united central government B. the establishment of a coalition between member states C. the breakup of a state into smaller, independent states D. the transfer …

What is the best definition of employee benefits

Asked by maham237 @ 18/06/2021 in Business viewed by 322 persons

Employee benefits are the total income you receive over your lifetime. Employee benefits include any education you acquire beyond high school. Employee benefits are benefits related to a specific trade. …

Which of the following is the best definition of narrator

Asked by maham237 @ 09/06/2021 in English viewed by 375 persons

a person who tells a true or fictional story one who has a sense of personality about a character a person who does not know the thoughts, feelings, and ideas …

What is the best definition of profit

Asked by maham237 @ 28/04/2021 in Business viewed by 337 persons

Profit is the possible income from producing an additional item. Profit is the price of producing one additional unit of a good. Profit is the additional income gained from selling …