1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
soldier1979 [14.2K]
3 years ago
8

A regressive tax is BEST defined as a rate of tax A) that falls as income rises. B) that rises as income rises. C) that is const

ant as income rises. D) that is applied to corporate incomes.
History
2 answers:
alexgriva [62]3 years ago
3 0
A.



A regressive tax is a tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases
Vlada [557]3 years ago
3 0

Answer:

The correct answer is letter "A".

A regressive tax is BEST defined as a rate of tax that falls as income rises.

Explanation:

Within economic theory there are two concepts to classify taxes, according to their relationship with the taxpayer's income: progressive and regressive taxes.

Regressive taxes are collected in a smaller percentage as income increases. They represent a greater burden for individuals of low socioeconomic status. In other words, regressive taxes are those that affect the poor relatively more than the rich. Therefore, they do not have a redistribution effect of wealth. On the contrary, if they are very high they can accentuate inequality in a society.

To understand the operation of this type of tax, it is important to keep in mind that citizens who earn less are required to spend a greater part of their salary, mainly on essential goods such as food. That is, their savings are less or non-existent.

You might be interested in
For this activity, you will write a letter to Congress addressing your views and concerns about the decision of the Dred Scott c
Mariulka [41]

Answer:

Explanation:

The decision of the court was read in March of 1857. Chief Justice Roger B. Taney -- a staunch supporter of slavery -- wrote the "majority opinion" for the court. It stated that because Scott was black, he was not a citizen and therefore had no right to sue.

3 0
3 years ago
What are the most important things to know about India
densk [106]
Their culture is a lot more about respect and manners. They eat with their left hand only (because they go to the bathroom with their right).
4 0
3 years ago
What were the main features of the reconstruction act
DerKrebs [107]

The measures' main points included:

Creation of five military districts in the seceded states (not including Tennessee, which had ratified the 14th Amendment and was readmitted to the Union)

Each district was to be headed by a military official empowered to appoint and remove state officials.

6 0
3 years ago
Germany had won an area called Alsace-Lorraine forty years before the outbreak of hostilities during World War I. Which nation d
Reika [66]
Germany had won France during the <span>Franco-Prussian War. Hope this helps, please give medal.</span>
7 0
3 years ago
Read 2 more answers
For many decades the Chinese exported goods to European merchants. What goods did the Chinese import from Europe?
poizon [28]

Answer:

the Chinese imported opium from england during the Chinese opium crisis

Explanation:

3 0
2 years ago
Other questions:
  • 11. What helped Lincoln decide to address the issue of slavery in the South?
    9·1 answer
  • Which of the following does not increase the price of certain goods?
    9·2 answers
  • Which of the following occurred under the reign of Süleyman I of the Ottoman Empire?
    5·1 answer
  • Mountain men played a vital role in western settlement because they?
    15·1 answer
  • What caused growing sectionalism between 1820 and 1850?
    9·1 answer
  • Explain how the rise of militarization was influenced by competition.​
    12·1 answer
  • Some scholars believe that before they can have true civilization, societies must develop
    11·2 answers
  • Which of the following was a main weakness of the Article of Confederation? A. the national government did not have enough power
    10·1 answer
  • WILL GIVE BRAINLIEST!!! (philosophy)
    7·1 answer
  • !!!!!PLEASE ANSWER ASAP!!!!!
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!