A Country Redesigned Its Tax Policy So That the Tax

Multiple Choice

A country redesigned its tax policy so that the tax rate was reduced for individuals earning larger amounts of money. For example, a household making $50,000 a year would pay 23 percent in taxes while a household making $200,000 would pay 23 percent taxes only on the first $150,000 of their income and no taxes on the income above $150,000. This is called

A) liberal taxation.
B) regressive taxation.
C) conservative taxation.
D) progressive taxation.