What’s the difference between progressive and proportional taxes?

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asked Oct 5, 2024 143k views

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Arun G · Answer 1 · 2024-10-08T17:54:38+0000

Answer:

Progressive taxes are taxes that take a larger percentage of income from high-income groups than from low-income groups. Proportional taxes are taxes that take the same percentage of income from all income groups.

What’s the difference between progressive and proportional taxes?

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