A tax that is levied in such a way that low-income taxpayers pay a greater proportion of their income than high-income taxpayers is called a:

Name: A tax that is levied in such a way that low-income taxpayers pay a greater proportion of their income than high-income taxpayers is called a:
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Question

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A regressive tax is characterized by taking a larger percentage of income from low-income earners than from high-income earners, making it more burdensome for those at the lower end of the income scale.

A Tax That Is Levied in Such a Way That