A progressive tax is one which:

falls most heavily on the less well-off members of society

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takes an increasing proportion of income as income rises

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is levied on income and wealth

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is levied on expenditure

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Solution

The correct option is B
takes an increasing proportion of income as income rises

A progressive tax takes a larger share from higher-income groups.

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Tax levied on value of total assets owned by an individual is income tax.

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