A regressive tax is one in which the actual tax rate increases as the taxable amount drops.

Name: A regressive tax is one in which the actual tax rate increases as the taxable amount drops.
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A regressive tax is one in which the actual tax rate decreases as the taxable amount increases, meaning lower-income individuals pay a higher percentage of their income compared to higher-income individuals.

A Regressive Tax Is One in Which the Actual Tax