Suppose that if your income is $50,000,your tax is $5,000,but if your income is $100,000,your tax is $8,000.Such a tax is

Name: Suppose that if your income is $50,000,your tax is $5,000,but if your income is $100,000,your tax is $8,000.Such a tax is
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A regressive tax system is characterized by a decrease in the tax rate as the income increases, which is the case here, as the tax rate decreases from 10% ($5,000 on $50,000) to 8% ($8,000 on $100,000) as income increases.

Suppose That If Your Income Is $50,000,your Tax Is $5,000,but