Question

What is the primary goal of a progressive tax system?

• A. To maximize government revenue regardless of income levels.
• B. To incentivize all citizens to earn the same amount of income.
• C. To achieve a more equal distribution of income.
• D. To create a flat tax rate for all income brackets.

Answer 1

Answer:

C. To achieve a more equal distribution of income.

• Progressive tax systems aim to reduce income inequality by taking a larger percentage of income from higher earners and a smaller percentage from lower earners.