Whom do progressive taxes assess?

The correct answer is E. A small percentage of high-income households.

A progressive tax system is designed so that individuals with higher incomes pay a larger percentage of their income in taxes compared to those with lower incomes. This means that the tax burden increases as income increases, which often affects a smaller percentage of households who are at the higher end of the income scale. This helps to reduce income inequality by requiring those who can afford to contribute more to society through taxes.

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