Are sales taxes progressive or regressive 2024?

Jackson Hayes | 2023-05-08 00:07:57 | page views:1955
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Zoe Martin

Studied at the University of Sydney, Lives in Sydney, Australia.
Combined with the fact that sales tax is tied to consumption rather than income, this leads some to the conclusion that low-income individuals and families pay a greater proportion of their incomes in sales taxes, therefore sales tax is regressive. You're supposed to read "regressive" as "unfair".
2023-05-08 00:07:57

Isabella Brown

QuesHub.com delivers expert answers and knowledge to you.
Combined with the fact that sales tax is tied to consumption rather than income, this leads some to the conclusion that low-income individuals and families pay a greater proportion of their incomes in sales taxes, therefore sales tax is regressive. You're supposed to read "regressive" as "unfair".
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