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To what does tax progressivity refer? A) The amount of tax money spent on technology advancements B) The connection between income tax rate and spending C) The relation of tax rate to income D) The use of taxes for social programs

Kathy Robinson

in Business

1 answer

1 answer

Bethany Evans on September 30, 2018

I think the answer is: c. the ratio of The rate of tax on incomeIn a progressive tax system, people who get a higher level of income would be subject to a higher tax percentage in comparison with people who obtained a lower level of income. This system was created to ensure that people with a low income level could still meet their daily needs after paying their taxes.

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