Economy, asked by Anonymous, 3 months ago

difference between progressive and regressive tax?
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Answers

Answered by swathi9993
8

Answer:

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Explanation:

progressive tax—A tax that takes a larger percentage of income from high-income groups than from low-income groups. proportional tax—A tax that takes the same percentage of income from all income groups. regressive tax—A tax that takes a larger percentage of income from low-income groups than from high-income groups.

Answered by Lalassieblackheart
3

progressive tax a tax that takes a larger percentage of income from high income group then from low income groups.

regressive tax a tax that takes a

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