Inheritance taxes are generally ________ because only wealthy people tend to have much to pass on to heirs.

Question

Quizplus · Accepted Answer

Progressive taxation systems are designed so that those who have more wealth and income pay a higher percentage of taxes than those who have less. Inheritance taxes are a form of progressive taxation because they only impact those who have significant wealth to pass on to heirs. It is not regressive because it does not disproportionately impact lower-income individuals.

Inheritance Taxes Are Generally ________ Because Only Wealthy People Tend