Which Statement Is the Best Definition of a Progressive Tax

Multiple Choice

Which statement is the best definition of a progressive tax system over a business cycle?  

A)  A constant fraction of income is taxed throughout the business cycle, i.e., as the economy experiences considerable fluctuation. 
B)  A larger fraction of income is taxed in expansions than in contractions. 
C)  A smaller fraction of income is taxed in expansions than in contractions. 
D)  There is a decreasing amount of income in both expansions and contractions.