Commerce Exam  >  Commerce Questions  >  A tax system in which the average tax rate in... Start Learning for Free
A tax system in which the average tax rate increases as the taxpayer's income increases is known as:
  • a)
    Progressive tax
  • b)
    Regressive tax
  • c)
    Flat tax
  • d)
    Proportional tax
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
A tax system in which the average tax rate increases as the taxpayers ...
In a progressive tax system, as income increases, the average tax rate also increases. This means that higher-income individuals pay a higher percentage of their income in taxes compared to lower-income individuals.
View all questions of this test
Explore Courses for Commerce exam

Top Courses for Commerce

Question Description
A tax system in which the average tax rate increases as the taxpayers income increases is known as:a)Progressive taxb)Regressive taxc)Flat taxd)Proportional taxCorrect answer is option 'A'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A tax system in which the average tax rate increases as the taxpayers income increases is known as:a)Progressive taxb)Regressive taxc)Flat taxd)Proportional taxCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A tax system in which the average tax rate increases as the taxpayers income increases is known as:a)Progressive taxb)Regressive taxc)Flat taxd)Proportional taxCorrect answer is option 'A'. Can you explain this answer?.
Solutions for A tax system in which the average tax rate increases as the taxpayers income increases is known as:a)Progressive taxb)Regressive taxc)Flat taxd)Proportional taxCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of A tax system in which the average tax rate increases as the taxpayers income increases is known as:a)Progressive taxb)Regressive taxc)Flat taxd)Proportional taxCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A tax system in which the average tax rate increases as the taxpayers income increases is known as:a)Progressive taxb)Regressive taxc)Flat taxd)Proportional taxCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for A tax system in which the average tax rate increases as the taxpayers income increases is known as:a)Progressive taxb)Regressive taxc)Flat taxd)Proportional taxCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of A tax system in which the average tax rate increases as the taxpayers income increases is known as:a)Progressive taxb)Regressive taxc)Flat taxd)Proportional taxCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A tax system in which the average tax rate increases as the taxpayers income increases is known as:a)Progressive taxb)Regressive taxc)Flat taxd)Proportional taxCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev