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Progressive Tax System: Definition, Pros & Cons

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Why does a progressive tax system create a level of anxiety for many people in the United States?

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1. Although some favor a flat taxation system, how does the United States currently benefit from a progressive tax rate?

2. How might a high income individual work to minimize what they feel is an unfair burden of the progressive tax system?

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About This Quiz & Worksheet

This quiz and corresponding worksheet will help you gauge your knowledge of the pros and cons of a progressive tax system. Topics covered include what a progressive tax is as well as the advantages of a progressive tax.

Quiz & Worksheet Goals

Use this printable worksheet and quiz to review the following areas:

  • Definition of a progressive tax
  • Advantages to this type of taxation
  • Disadvantages of the system
  • System the U.S. uses
  • Types of progressive tax

Skills Practiced

  • Interpreting information - verify you can read information regarding the advantages to this type of taxation and interpret it correctly
  • Knowledge application - use your knowledge to answer questions about the types of progressive tax
  • Reading comprehension - ensure that you draw the most important information from the related business law lesson

Additional Learning

To learn more about this topic, review the lesson titled Progressive Tax System: Definition, Pros & Cons. This lesson will help you:

  • Understand the characteristics of a progressive tax
  • Identify the role of income in determining your current tax
  • Describe the different forms that a progressive tax can take
  • Explain why some feel this type of tax is most appropriate
  • Appreciate why others believe this might not be the right system
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