A regressive tax is one which doesn't charge more according to more wealth. A good example is the UK's community charge 1990-3 which charged a set amount per person, which was very expensive the poorer you were.
Homework questions are really best answered by referring to your class materials. What is the definition of progressive VS regressive...and how is the gift tax applied?
The federal income tax is progressive A tax that charges more for higher incomes
false
it increases the tax as income rises
It increases the tax rate as income rises.
Regressive
regressive
A regressive tax is a rate of tax that falls as the income rises.
This is a fixed rate (proportional) tax, not a regressive tax.
The benefits-received principle justifies a regressive tax.
A tax system that puts a greater burden on low-income people than on high-income people
regressive tax encourages earning. this is such that as for the case of progressive tax whereby the more you earn, the more taxes you pay in the case of regressive tax, the more you earn the more you get to keep.
Regressive tax
Regressive
Regressive tax
regressive.
the countries practicing regressive tax are japan, united states, china, Canada and Korea.