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  • 27-04-2021
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which income tax system is based on tax brackets

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jacfie6121
jacfie6121 jacfie6121
  • 27-04-2021

Answer: Your tax bracket (and tax burden) becomes progressively higher. In a progressive tax system, rates are based on the concept that high-income taxpayers can afford to pay a high tax rate. Low-income taxpayers pay not just lower taxes overall, but a lower percentage of their income within this tax system.

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