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The Tax system (including the tax tables) is an example of what kind of tax system? Proportional Tax Regressive Tax Marginal Tax Progressive Tax Range

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The Tax system (including the tax tables) is an example of what kind of tax system?

Proportional Tax

Regressive Tax

Marginal Tax

Progressive Tax

Range of Adjusted Gross Income $0-$19,050 $19,051 - $77,400 $77,401-$165,000 $165,001-$315,000 Marginal Tax Rate 10% $1,905 plus 12% of the amount over $19,050 $8,907 plus 22% of the amount over $77,400 $28,179 plus 24% of the amount over $165,000 $64,179 plus 32% of the amount over $315,000 $91,379 plus 35% of the amount over $400,000 $161,379 plus 37% of the amount over $600,000 $315,001-$400,000 $400,000-$600,000 Over $600,000

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