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What percentage pattern makes a tax progressive?
A
It requires expensive checks and may still make errors.
B
It takes a larger percentage of income as income rises.
C
Inequality is considerably wider before tax and benefits.
D
It takes a smaller percentage of income as income rises.
Card 1 of 27
3.5.7 Redistributing income and wealth Flashcards
27 flashcards on OCR GCSE Economics 3.5.7 Redistributing income and wealth: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.