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Question 1 6 ( 1 point ) See Section 1 5 . 5 Government Policies to Reduce Income Inequality in our OpenStax textbook. A progressive
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See Section Government Policies to Reduce Income Inequality in our OpenStax textbook. A progressive income tax, for example, our US federal income tax, is one that
A taxes income so that the average tax rate decreases with the level of income.
B taxes all income above the guaranteed minimum at an average rate that decreases with income.
C taxes income at a constant rate, regardless of the level of income.
D taxes income so that the average tax rate increases with the level of income.
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