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Which of the following statements is false regarding a progressive income tax system? Choose one: A....

Which of the following statements is false regarding a progressive income tax system? Choose one:

A. People of all income levels pay a fixed percentage of their income in taxes.

B. People with higher levels of income have higher marginal tax rates.

C. A person with higher income pays more in tax dollars than someone with a lower income.

D. A person with higher income pays a higher percentage of his or her income in taxes than someone with a lower income.

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Answer #1

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Option A

A. People of all income levels pay a fixed percentage of their income in taxes.

the fixed tax rate is a flat tax system and a progressive tax system has a higher tax rate for higher income and a regressive tax system has a lower tax rate for higher income.

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