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Income distribution and welfare

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Question 11

Which of the following is a feature of a progressive tax system?

Tax paid as a percentage of income increases when income increases

Tax paid as a percentage of income decreases when income increases

Tax paid as a percentage of income remains constant for all income levels

The total amount of tax paid is identical for all individuals regardless of income

Income distribution and welfare Questions

  1. A Level
  2. /Economics
  3. /Income distribution and welfare