Respuesta :
A tax is regressive if it takes a Smaller fraction of dollars as income rises.
A regressive tax takes a greater proportion of the income of lower-income groups than of higher-income groups.
Explanation:
A regressive tax takes a greater proportion of the income of lower-income groups than of higher-income groups.
Some common terminologies with reference to tax
Regressive Tax :A tax for which the percentage of income paid in taxes decreases as income increases.
Progressive Tax: A tax for which the percentage of income paid in taxes increases as income increases
Proportional tax:A tax for which the percentage of income paid in taxes remains the same for all incomes
Tax Base:income, property, good, or service that is subject to a tax
Tax Incentive :the use of taxation to encourage or discourage certain behavior
Answer:
Explanation:
A tax is regressive if it takes a Smaller fraction of dollars as income rises.
A regressive tax takes a greater proportion of the income of lower-income groups than of higher-income groups.
Explanation:
A regressive tax takes a greater proportion of the income of lower-income groups than of higher-income groups.
Some common terminologies with reference to tax
Regressive Tax :A tax for which the percentage of income paid in taxes decreases as income increases.
Progressive Tax: A tax for which the percentage of income paid in taxes increases as income increases
Proportional tax:A tax for which the percentage of income paid in taxes remains the same for all incomes
Tax Base:income, property, good, or service that is subject to a tax
Tax Incentive :the use of taxation to encourage or discourage certain behavior
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