Is an excise tax progressive or regressive 2024?

Gabriela Perez | 2023-05-07 23:59:13 | page views:1861
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Zachary Evans

Works at Airbnb, Lives in Portland, OR
Regressive; it is likely that lower-income groups would spend a larger proportion of their income on the taxed items than would higher-income groups. Excise taxes can also be considered proportional since everyone is taxed at the same rate.
2023-05-13 23:59:13

Ian Rodriguez

QuesHub.com delivers expert answers and knowledge to you.
Regressive; it is likely that lower-income groups would spend a larger proportion of their income on the taxed items than would higher-income groups. Excise taxes can also be considered proportional since everyone is taxed at the same rate.
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