Which of the following is an example of a regressive tax?
A) income tax
B) property tax
C) sales tax
D) flat tax
E) All taxes are regressive taxes.

Name: Which of the following is an example of a regressive tax? A) income tax B) property tax C) sales tax D) flat tax E) All taxes are regressive taxes.
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Question

Quizplus · Accepted Answer

Sales tax is considered regressive because it takes a larger percentage of income from low-income earners than from high-income earners, as everyone pays the same rate regardless of income.

Which of the Following Is an Example of a Regressive