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Question
Table 18-8| Taxable Income | Tax Payments |
| $10,000 | $1,000 |
| 12,000 | 1,080 |
| 16,000 | 1,360 |
| 22,000 | 1,760 |
Table 18-8 shows the amount of taxes paid on various levels of income.
Refer to Table 18-8. The tax system is
A) progressive throughout all levels of income.
B) proportional throughout all levels of income.
C) regressive throughout all levels of income.
D) progressive between $10,000 and $12,000 of income and regressive between $12,000 and $22,000.
Answer
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