Asked by Jessa Gesta on May 25, 2024

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A progressive tax is a tax that ____,while a regressive tax is one that ____.

Progressive Tax

A tax system where the tax rate increases as the taxable amount increases, typically aimed at ensuring higher earners pay a larger percentage of their income in taxes.

Regressive Tax

A tax imposed in such a way that the tax rate decreases as the amount subject to taxation increases, burdening lower-income individuals relatively more than higher-income ones.

  • Acquire knowledge on the characteristics that differentiate progressive, regressive, and proportional tax structures.
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RG
Raven GarrisMay 26, 2024
Final Answer :
falls more heavily on the rich;falls more heavily on the poor