Is this a progressive, regressive, or proportional tax system? regressive proportional progressive Suppose the government of Lilliput voted to increase taxes on the top earners and decrease it on the lowest earners. How would this new tax system be classified?\

Progressive tax

Explanation:

A progressive tax is a form of tax whereby the tax rate rises as income of the individual or firm increases. Progressive tax progresses from low to high. Progressive tax can be applied to taxes of individuals and are imposed in order to reduce the incidence of tax of people who have a low ability to pay hence, the progressive tax can be used to shift the incidence to those that can afford to pay more.

Progressive tax is is usually used by most countries as it reduces the gap between the rich and the poor thereby curtailing economic inequality. The higher the income in progressive taxation, the higher the percentage paid by the person.

answer; empowerment and collaboration;

answer; institution based;