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Naya [18.7K]
3 years ago
14

Compare and contrast a regressive tax and a progressive tax. PLEASE HELP

History
1 answer:
4vir4ik [10]3 years ago
8 0

Answer:

A progressive tax is a type of tax that takes a larger percentage of income from taxpayers as their income rises. A regressive tax is the exact opposite. Higher-income taxpayers pay a smaller percentage of their income than lower-income taxpayers because the tax is not based on ability to pay.

Explanation:

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