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Suppose taxes are levied in the following way. No individual pays any taxes on the last$15,000of their income. And for every dollar earned below thisamount,

Suppose taxes are levied in the following way. No individual pays any taxes on the last$15,000of their income. And for every dollar earned below thisamount, all individuals pay25 percent in taxes. Thisincome-tax system is

A) regressive

B) progressive

C) an accurate description of Canadian personal income tax system

D) proportional

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