A flat tax that tends to affect low-income persons more heavily as a pro- portion of income, e.g., a sales tax (vs. Progressive Tax).
This is the tax that takes a smaller percentage from those with high income than from those with lower income.
tax that takes a larger percentage of the income of low-income people than of high-income people. see also progressive tax, flat tax.
A tax system that provides that average tax rates decrease with increases in individuals' income brackets.
A tax with the same rate for everyone, thus taking a larger percentage of income from the lower income earner. Sales and gasoline tax are examples of a regressive tax.
a tax that is imposed equally on every taxpayer
A tax that takes a larger percentage of income from low-income groups than from high-income groups.
In an absolute sense, this is a tax in which the rate falls as the taxable base increases, as with early Social Security. In a relative sense, it is a rise in total taxes paid as a percentage of one's income, as with most property and sales taxes.
Tax collected at increasingly lower rates or percentages as income level increases.
A tax in which the poor pay a larger percentage of income than the rich. Contrast with progressive tax.
a tax in which the poor pay a larger fraction of their income than the rich
a tax such as a sales tax that applies equally to every purchaser but which results in taking a larger percentage of income from a low-income person than from a high-income person
A tax that draws proportionally more from low-income groups than from high-income people.
A tax that places a greater burden on people with lower incomes.
is a tax in which the poor pay a larger percentage of income than the rich. Progressive Tax is the exact opposite of regressive tax.
a tax that charges a lower percentage of income as income rises.
Is a tax that takes a smaller proportion of income as income rises.
A tax which takes a larger percentage of lower income
A tax that takes a larger percentage from the income of low-income people than the income of high-income people.
A tax that imposes a heavier burden on those less able to bear it. Applied to income, it is a tax that takes a greater percentage of income from people with low incomes than from those with high incomes.
A regressive tax is a tax imposed so that the tax rate decreases as the amount to which the rate is applied increases. The term "regressive tax" can be applied to any type of tax. It is frequently applied in reference to fixed taxes, where every person has to pay the same amount of money, such as a poll tax.