Question

Who would pay the most as a percentage of income under a progressive tax?

Lawyer earning $110,000 per year
Teacher earning $45,000 per year
CEO earning $2.5 million per year
Roofer earning $18,000 per year

Answer 1

I think the person with the most amount of money would pay the largest percentage of their income under progressive tax. So the answer is:

CEO earning $2.5 million per year

Hope my answer helped :)

Answer 2

Who would pay the most as a percentage of income under a progressive tax is: CEO earning $2.5 million per year

Progressive tax occur when a person is tax based on how high or how low their  income or amount earned is.

This means that the higher the income the higher will be the tax and the lower the income the lower that tax imposed will be.

Based on the given information the CEO who has earning of $2.5 million per year will pay the highest tax based on the fact that the CEO earning per annum is more than that of the Lawyer, Teacher and Roofer.

Inconclusion who  would pay the most as a percentage of income under a progressive tax is: CEO earning $2.5 million per year.

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