Use the following to answer questions:
-(Table: Taxes, Spending, and Income) Look at the table Taxes, Spending, and Income. Suppose Governor Meridias decides to initiate a state tax of 5% on all sales. This tax will be:

Question

Use the following to answer questions: 
-(Table: Taxes, Spending, and Income) Look at the table Taxes, Spending, and Income. Suppose Governor Meridias decides to initiate a state tax of 5% on all sales. This tax will be:

Quizplus · Accepted Answer

A sales tax is considered regressive because it takes a larger percentage of income from low-income earners compared to high-income earners, as it is applied uniformly regardless of the individual's ability to pay.

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