Question

In a progressive tax system, ________. the marginal tax rate exceeds the average tax rate the average tax rate exceeds the marginal tax rate the average tax rate equals the marginal tax rate the average tax rate is equal for all taxpayers

Answer 1

In a progressive tax system, a taxpayer’s marginal tax rate is higher than their average tax rate.

Answer 2

The marginal tax rate should be more than the average tax rate in the progressive tax system.

The information regarding the progressive tax system is as follows:

• In this, the taxpayer should pay a similar rate for similar levels of taxable income.
• The total impact that people should have high income pay the high taxes.
• Also, in this, the marginal rate is more than the average tax rate.

Therefore we can conclude that the marginal tax rate should be more than the average tax rate in the progressive tax system.

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