A common criticism of retail sales and excise taxes is:

Question

Quizplus · Accepted Answer

Retail sales and excise taxes are regressive with respect to income, meaning that low-income individuals pay a higher percentage of their income in taxes compared to high-income individuals. This is because these taxes are based on consumption rather than income, so individuals with lower incomes who must spend a higher proportion of their income on consumption end up paying a higher percentage of their income in taxes.

A Common Criticism of Retail Sales and Excise Taxes Is