The table below shows the annual gross income and the total annual income tax paid by three different households in an economy.
| Household annual gross income | Annual income tax paid |
|---|---|
| £20,000 | £4,000 |
| £50,000 | £7,500 |
| £100,000 | £12,000 |
This income tax system is classified as
regressive
proportional
progressive
marginal
245 exam-style questions on AQA A Level Economics 2.5 Fiscal policy and supply-side policies, covering 2.5.1 Fiscal policy and 2.5.2 Supply-side policies. Each one has a worked solution and a mark scheme showing where the marks go.