Jurisdiction M Imposes an Individual Income Tax Based on the Following

Multiple Choice

Jurisdiction M imposes an individual income tax based on the following schedule.
Rate $\quad$$\quad$ Income bracket
5% $\quad$$\quad$ $\quad$ $-0- to $50,000
+ 8% $\quad$$\quad$$\quad$ $50,001 to $200,000
+ 12% $\quad$$\quad$ $200,001 and above
Which type of rate structure does this tax use?

A)  Proportionate
B)  Regressive
C)  Progressive
D)  Multi-bracket