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regressive
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∙ 14y ago
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Is payroll tax regressive or progressive?
Regressive
Is inheritance tax progressive or regressive?
Inheritance tax is typically considered a progressive tax because it is based on the value of the assets being passed on and charged at different rates depending on the size of the inheritance. Wealthier individuals tend to pay a higher percentage of their inherited assets in taxes compared to those with lower inheritance amounts.
Is an income tax a progressive shared proportional or regressive tax?
progressive shared
What kind of tax is sales tax?
Regressive
What kind of tax is the sales tax?
Regressive tax
Why is a 5 percent sales tax on gasoline regressive?
This is a fixed rate (proportional) tax, not a regressive tax.
What is the advantage of regressive tax?
regressive tax encourages earning. this is such that as for the case of progressive tax whereby the more you earn, the more taxes you pay in the case of regressive tax, the more you earn the more you get to keep.
Is the federal gift tax progressive or regressive?
Homework questions are really best answered by referring to your class materials. What is the definition of progressive VS regressive...and how is the gift tax applied?
What is a common argument against sales tax?
It is a regressive tax.
Is the federal income tax proportional progressive or regressive?
The federal income tax is progressive A tax that charges more for higher incomes
The sales tax is regarded by some people as?
Some people regard sales tax as a regressive tax.
A sales tax is a tax?
A sales tax is levied on most consumer purchases-is much simpler.
