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Government

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Explain progressive and regressive taxes.

  • Government -

    I'll be glad to comment on your answer.

  • Government -

    A progressive tax is a tax whose rate increases as the payers income increases? if individuals who earn high incomes have a greater proportion of their incomes taken to pay the tax?

    A regressive tax is one whose rate increases as the payers income decreases?

  • Government -

    Right. Also, a regressive tax takes proportionately more from low income people than from higher income people.

  • Government -

    thank you.

  • Government -

    You're welcome.

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