nsTeam1RO, nsTeam1RW, nsTeam1_talkRO, nsTeam1_talkRW
26,487
edits
Changes
Jump to navigation
Jump to search
mLine 1:
Line 1: − Conservapedia is vandalized!+ + +
Reverted edits by CPVandaIism (Talk) to last revision by DanielPulido
A '''regressive tax''' is one in which everyone is assessed a fixed dollar amount or a fixed percentage, such as a sales tax. Essentially, a regressive tax causes those earning lower incomes to pay a greater percentage of their income. This acts as an incentive to force those earning lower incomes to work to earn higher incomes, thus reducing their effective [[tax rate]].
[[Category:Economics]]