A regressive tax is: The marginal rate of tax increases as the base increases. The marginal rate of tax decreases as the base increases. The average rate of tax decreases as the base increases The marginal rate of tax increases as the base stays constant None of the above
Added by Joseph S.
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A regressive tax is a tax that takes a larger percentage of income from low-income earners than from high-income earners. It imposes a greater burden (relative to resources) on the poor than on the rich. Show more…
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