Using income as the tax base, which of the following best illustrates a regressive tax?

Name: Using income as the tax base, which of the following best illustrates a regressive tax?
Brand: Quizplus
Rating: 4.9 (58 reviews)

Question

Quizplus · Accepted Answer

A regressive tax is one where the tax rate decreases as the amount subject to taxation increases. A general 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 their income level.

Using Income as the Tax Base, Which of the Following