regressive
Regressive
progressive shared
Regressive
Regressive tax
This is a fixed rate (proportional) tax, not a 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.
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?
It is a regressive tax.
The federal income tax is progressive A tax that charges more for higher incomes
A sales tax is levied on most consumer purchases-is much simpler.
Some people regard sales tax as a regressive tax.
a general sales tax