Questions tagged - regressive tax

Stefano Wed Jan 22 2025 | 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.

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Questions tagged [regressive tax]

What is the difference between a progressive tax and a regressive tax?

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