What is an example of a regressive tax 2024?
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Studied at the University of Melbourne, Lives in Melbourne, Australia.
As such, most income tax systems employ a progressive schedule that taxes high earners at a higher percentage rate than low earners, while other types of taxes are uniformly applied. Examples of regressive taxes include sales taxes, user fees and, arguably, property taxes.
2023-05-10 23:59:16
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Lucas Rogers
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As such, most income tax systems employ a progressive schedule that taxes high earners at a higher percentage rate than low earners, while other types of taxes are uniformly applied. Examples of regressive taxes include sales taxes, user fees and, arguably, property taxes.