Question.5514 - Discussion Point Chapter 19 and 20Explain what a Regressive Tax is while providing an example to demonstrate the meaning. Prepare to discuss in class the meaning and your example of the Regressive Tax.
Answer Below:
A xxxxxxxxxx tax xx a xxxxxx where xxx tax xxxx decreases xx ones xxxxxx increases x clear xxxxxxx of xxxx is xxxxx tax xxxxx is xxx major xxxxxxx for xxxxx governments xxxxxxxx sales xxx is xxx same xxx everyone xxx taxes xxxx are xxxx represent xxxxxxxxx incomes xxxx takes xxxx of x burden xx someone xxx is xxx wealthy xxx to xxx fact xxxx the xxx takes xx a xxxxx sum xx their xxxxxx So xx someone xxx makes x year xxx there xx a xxxxxxx sales xxx about xxxxxxx of xxxxx income xx paid xxx sales xxx versus xxxxxxx who xxxxx a xxxx on x percent xxxxx tax xxxxxx five xxxxxxx will xx paid xx taxes xxxx their xxxxxx So xx ones xxxxxx decreases xxxxx taxes xxxxxxxx aggressivelyMore Articles From ECO 201 91 - Microeconomics
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