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Economics (AS & A Level) · Oct / Nov 2022 · Paper 12 · Question 19

9708Fiscal policy

What defines a progressive tax?

  1. ALow-income earners pay the same proportion of income in taxes as high-income earners.
  2. BLow-income earners pay a lower proportion of income in taxes than high-income earners.
  3. CLow-income earners pay less in taxes than high-income earners.
  4. DLow-income earners pay more in taxes than high-income earners.

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Correct answer: B. Low-income earners pay a lower proportion of income in taxes than high-income earners.

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