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Where people with lower incomes pay a larger portion of their income?
Wiki User
∙ 9y ago
regressive tax
Wiki User
∙ 9y ago
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What is a progressive tax system?
a tax system that takes a larger proportion of income from high income people than from low income people
What is degreesive tax?
› TAX a type of tax in which people with high incomes pay less tax as a percentage of their income than those people with low incomes:
What is the typical income of a gay person?
average incomes aren't different for gay people.
Can you make me a sentence using income?
In a third world country people have low incomes.
Why do some people have trouble saving money even as their incomes continue to increase?
their wants grow with their income
Is the best definition of a progressive tax system?
a tax system that takes a larger proportion of income from high-income people than from low-income people
Do retired people file taxes?
Yes, retired people still have incomes (usually) and therefore still file income tax returns.
Housing subsidized by the federal government for people earning small incomes?
Authorized the federal government to clear slums and to build 810,000 units of low-income housing, or housing subsidized by the federal government for people earning small incomes
What is the income range of the people who buy iPods?
People from almost all backgrounds, careers, lifestyles, and incomes may buy an iPod at one point or another. Income does not affect whether you get an iPod or not unless you have an extremely low income or none at all. This is not saying that people with good incomes have iPods, but that they are capable of obtaining one. The income range could be from a teenager making $1,000 USD per year to a Multi-millionare CEO of a worldwide company.
I was wondering do you have to be a mother and have a child to live in apartment based on your income?
No, not at all. Low income housing is just that. People with low incomes can apply at low income housing facilities. You can get a list of these in person only at your local housing department.
What is the best definition of a progressive tax system?
a tax system that takes a larger proportion of income from high-income people than from low-income people
Can you get an another auto financed if you already have one financed?
The general rule in auto financing is: One income one loan two incomes two loans. Meaning one person one income one loan two people two incomes two loans. There are exceptions If your income is a high income and your expenses are relatively low, then yes second auto loans happen. Of course it also depends on your credit.
