Regressive tax rates mean that the ratio of tax collected to income

Name: Regressive tax rates mean that the ratio of tax collected to income
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Regressive tax rates mean that the proportion of tax collected decreases as income increases. This is because regressive taxes, such as sales tax or excise taxes, take a larger percentage of income from low-income earners than from high-income earners. As a result, the ratio of tax collected to income falls as income rises.

Regressive Tax Rates Mean That the Ratio of Tax Collected