A _____ has higher rates on people with lower incomes.

Name: A _____ has higher rates on people with lower incomes.
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A regressive tax is one that has higher rates on people with lower incomes, meaning that the tax burden falls more heavily on those who can afford it less. Progressive taxes, on the other hand, have higher rates on higher incomes, while flat taxes apply the same rate to all taxpayers regardless of income. Marginal tax refers to the rate of tax applied to each additional unit of income.

A _____ Has Higher Rates on People with Lower Incomes