With a___tax, the tax decreases as income increases.

A.) Direct

B.) Progressive

C.) Proportional

D.) Regressive

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Business

Demarcus Woodward

3 January, 21:19

With a___tax, the tax decreases as income increases.

A.) Direct

B.) Progressive

C.) Proportional

D.) Regressive

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Answers (1)

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Tristan Ross · Answer 1

D. Regressive tax. The tax rate decreases as the taxable income increases. There is an inverse relationship between the tax rate and the tax base (taxable income). Regressive tax imposes a greater burden on the poor. This is favorable to the rich or those who are huge income earners.

With a___tax, the tax decreases as income increases.A.) DirectB.) ProgressiveC.) ProportionalD.) Regressive

With a___tax, the tax decreases as income increases.

A.) Direct

B.) Progressive

C.) Proportional

D.) Regressive