THE PROGRESSIVE ERA 1900 1917
THE MUCKRAKERS OF THE PROGRESSIVE ERA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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a method of taxation that taxes people at different rates depending on income
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a person who moves from one region to another in search of work
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power of a court to hear and decide cases
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tax placed on goods entering a country from another country
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Detailed explanation-1: -A graduated rate income tax system consists of tax brackets where tax rates increase as income increases.
Detailed explanation-2: -The correct answer is Progressive tax. Key Points:Progressive tax: A progressive tax is a tax in which the tax rate increases as the taxable amount increases. That means the low tax is imposed on low-income earners compared to those with a higher income.
Detailed explanation-3: -When it comes to taxes, there are two types of taxes in India-Direct and Indirect tax. The direct tax includes income tax, gift tax, capital gain tax, etc while indirect tax includes value-added tax, service tax, goods and services tax, customs duty, etc.
Detailed explanation-4: -According to Dalton, “In proportional taxation all the tax payers pay their taxes according to the equal proportion of this income”. Progressive Tax-Progressive tax system is a system in which not only the income increases as well as the rate of tax. Its principle is, “More income, more rate of tax”.