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2.5 Fiscal policy and supply-side policies

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Question 31

The table below shows the annual gross income for three different households and the total annual value of income tax paid by each household.

Household annual income before taxAnnual income tax paid
€25 000€2 500
€60 000€9 000
€120 000€24 000

This income tax system is

regressive.

proportional.

progressive.

flat rate.

2.5 Fiscal policy and supply-side policies Questions

  1. A Level
  2. /Economics
  3. /2.5 Fiscal policy and supply-side policies