Because people with lower incomes spend a greater portion of their money on it, sales tax is considered ________.

Name: Because people with lower incomes spend a greater portion of their money on it, sales tax is considered ________.
Brand: Quizplus
Rating: 4.9 (59 reviews)

Question

Quizplus · Accepted Answer

Sales tax is considered regressive because it takes a larger percentage of income from those with lower incomes. As they spend a higher portion of their income on goods and services subject to sales tax, it impacts them more than those with higher incomes.

Because People with Lower Incomes Spend a Greater Portion of Their