What happens to the proportion of income paid as taxes when income rises, for a progressive tax?

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What happens to the proportion of income paid as taxes when income rises, for a progressive tax? What is an example of such a progressive tax?

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Exploring Macroeconomics

ISBN: 9781285859446

7th Edition

Authors: Robert L. Sexton

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Question Posted: Nov 01, 2024 04:00 AM

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What happens to the proportion of income paid as taxes when income rises, for a progressive tax? What is an example of such a progressive tax?
What happens to the proportion of income paid as taxes when income rises, for a progressive tax? What is an example of such a progressive tax?
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What happens to the proportion of income paid as taxes when income rises, for a progressive tax? What is an example of such a progressive tax?
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What happens to the proportion of income paid as taxes when income rises, for a progressive tax?

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Exploring Macroeconomics

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