In a progressive tax system, Select one: O a. tax liability is based on a combination of wealth and income. O b. the higher an individual's income, the lower the proportion of income paid in taxes. O c. a linear tax equation is applied to determine the average tax amount. Od the higher an individual's income, the higher the percentage of income paid in taxes. Linda neglected to complete her T1 General in time for the filing deadline of April 30, 2019. This would not be a problem if she did not owe any tax. However, after completing her tax return, she realized that the amount of tax withheld by her employer was not enough to cover the amount of taxes she owed. In fact, Linda owed an additional $2,500 of income tax. Linda completed her tax return and submitted it to the CRA by November 15, 2019. NOTE: If a taxpayer does not file his or her tax return on time, the penalty amount is 5 percent of the amount owing: plus 1 percent for each additional full month that your return is late, to a maximum of 12 months. A Select one: O a. $225 O b. $125 O c. $300 O d. $275