as your income rises, _______. a. your taxes will stay about the same b. the amount of taxes you pay…

as your income rises, _______. a. your taxes will stay about the same b. the amount of taxes you pay increases c. your tax bracket will fall to a lower rate d. none of the above please select the best answer from the choices provided

as your income rises, _______. a. your taxes will stay about the same b. the amount of taxes you pay increases c. your tax bracket will fall to a lower rate d. none of the above please select the best answer from the choices provided

Answer

Brief Explanations:

In a progressive - tax system, as income rises, the amount of taxes paid increases because higher incomes are taxed at higher rates. Also, the tax bracket may move to a higher rate, not a lower one. Taxes won't stay the same as income increases.

Answer:

B. The amount of taxes you pay increases