A government levies a national income tax using the bands and rates shown in the table below.
| Annual Income (£) | Tax Rate (%) |
|---|---|
| £0–£15,000 | 5 |
| £15,001–£60,000 | 20 |
| Over £60,000 | 40 |
Which type of taxation is this?
Indirect
Proportional
Progressive
Regressive
37 exam-style questions on OCR A Level Economics Income distribution and welfare. Each one has a worked solution and a mark scheme showing where the marks go.