Stefano
Wed Jan 22 2025
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5 answers
1132
What is the difference between a progressive tax and a regressive tax?
I want to understand the difference between a progressive tax, where people with higher incomes pay a larger percentage of their income in taxes, and a regressive tax, where lower-income individuals pay a higher percentage of their income in taxes.
GinsengBoost
Sun Nov 17 2024
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5 answers
1612
Is USC a progressive tax?
I'm wondering if the USC, as a tax system, is considered progressive. I want to understand if it's designed to tax higher-income individuals at a higher rate than those with lower incomes.
