Ask Question
2 June, 11:26

Explain the difference between a progressive tax and a regressive tax ... cite one example of each, and explain why the example fits into that category of tax.

+5
Answers (1)
  1. 2 June, 13:29
    0
    Regressive taxes are when higher income people pay a smaller percent of income than the lower income people (state and city sales taxes). Progressive taxes are when higher income people pay a greater percent of their income compared to lower income people (federal income taxes).
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Explain the difference between a progressive tax and a regressive tax ... cite one example of each, and explain why the example fits into ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers