0
Regressive Tax
-Jc
Wiki User
∙ 10y ago
Taxes tend to fall more heavily on the rich compared to the poor, as the wealthy are typically in higher tax brackets and have more financial resources subject to taxation. Additionally, economic downturns and fluctuations can impact the wealthy more significantly due to their larger investments and assets.
Add your answer:
Earn +20 pts
What was the differences between poor and rich in 1912?
In 1912, the differences between the poor and the rich were stark. The rich had access to better education, healthcare, and living conditions, while the poor often struggled with low wages, limited access to resources, and poor living conditions. Social divides were prominent, with the wealthy enjoying more opportunities and privileges than the poor.
Did Vikings who were rich dress the same as the poor?
No, Vikings who were rich often wore more elaborate and expensive clothing made from finer fabrics and with intricate decorations such as jewelry and embellishments. Poor Vikings typically wore simpler and more utilitarian clothing made from cheaper materials.
What countries are poor in oil?
Every country that is not rich in oil, is poor in oil! I would say all countries except the middle eastern countries, Ukraine and USA Any country which is a net importer of oil could be said to be poor in oil
What are the responsibilities of the rich to the poor?
The responsibilities of the rich to the poor include contributing to social welfare programs, supporting charitable causes, and advocating for policies that promote economic equality and opportunity. It is also important for the wealthy to acknowledge their privilege and work towards reducing systemic inequalities that perpetuate poverty.
How do the rich treat the poor in 1920?
In 1920, the treatment of the poor by the rich varied greatly depending on individual beliefs and societal norms. Some rich individuals and organizations may have shown kindness and offered support to the poor through philanthropy and charity work, while others may have perpetuated social inequalities by exploiting or neglecting the poor. The overall relationship between the rich and the poor in 1920 would have been influenced by historical, cultural, and economic factors of that time.
Which type of tax falls more heavily on the rich than on the poor?
regressive tax. (:
Was dominos for the rich or poor Victorians?
they were more for the rich but poor did still play with dominos
Does China have more poor or rich people in it?
There are more poor people in China than rich people. There might be as many as 500,000 poor people for every "rich" person. China, with a population of MORE than one billion people {1,000,000,000}, has a very skewed wealth distribution. Most countries have more poor people than rich. The only way rich people are able to become rich is by suppressing the poor.
Who causes more crimes poor people or rich people?
Both cuz rich steal from the richer and poor steals from the rich..
What is the difference between rich and the poor?
The rich generally have more economic and political power than the poor.
Is scarcity an issue faced by only poor people and poor nations or does the rich and poor alike face scarcity?
The poor face a scarcity of resources more often than the rich because they have more limited resources (most importantly, money). But everyone's resources are technically limited. The rich have more money than the poor, but if they spend it all or lose it all, they also face scarcity. If there is a scarcity of a product or a natural resource, it will affect both the rich and the poor, but as prices rise for resources high in demand, the rich will have more access to them, until there is no more for anyone: both rich and poor.
Why were taxes not fair?
Both poor and rich had the same taxes, and the poor were getting more poor.
What is the effect of political in environment?
in India, corruption is raising day by day........... all rich becomes more rich, n poor become more poor......
Why would your society look down poor vs rich relationships?
Your society might look down on poor vs. rich relationships because it is more difficult to appreciate the poor than it is to appreciate the rich. In most societies, it is believed that rich people tend to be more educated and sometimes "better" than poor people.
Is everyone poor in India?
Not at all. However, the spread between rich and poor is much more pronounced. In the USA or UK or Canada, there are rich people and poor people but generally the rich are reasonably rich and the poor still usually have a roof over their heads, or, even if homeless, are able not to starve because of a welfare state. However, in India the rich tend to be very very rich, whilst the poor are very very poor - and there are a lot more poor people than in western countries, so, on average, India can be thought of as a poor country although there are many living there who are very rich.
Who benefited more from rationing rich or poor?
nobody did
What is ri poorch in a brain teaser?
K
