michelyerri
contestada

Country x has progressive taxation of income.the following rates are the tax brackets in country x.which rate would the highest earners in country x pay in taxes?
A. 2 Percent
B.10 Percent
C.20 Percent
D.40 Percent

Respuesta :

Tundexi

The rate of 40 percent will be used for the highest earners in Country X pay in taxes.

What is a progressive taxation?

This method of taxation involves use of higher tax rates for those who earns higher income or more wealth,

Hence, the rate of 40 percent will be used for the highest earners in Country X pay in taxes.

Therefore, the Option D is correct.

Read more about progressive taxation

brainly.com/question/1601662

#SPJ1

Otras preguntas