Which of the following statements is most correct?
A) a general sales tax on food is regressive when low-income taxpayers spend a larger proportion of their income on food than high-income taxpayers
B) a general sales tax on food is regressive when middle-income taxpayers spend a smaller proportion of their income on food than high-income taxpayers
C) a general sales tax on food is regressive when high-income taxpayers spend a larger proportion of their income on food than middle-income taxpayers
D) a general sales tax on food is regressive when high-income taxpayers spend a larger proportion of their income on food than low-income taxpayers
Correct Answer:
Verified
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