Which tax system requires higher-income taxpayers to have lower tax rates,even though they pay a larger amount of tax,than lower-income taxpayers

Question

Quizplus · Accepted Answer

A regressive tax system requires higher-income taxpayers to have lower tax rates, even though they pay a larger amount of tax, than lower-income taxpayers. This type of tax system is considered regressive because it places a higher burden on lower-income taxpayers who have to pay a larger proportion of their income in taxes compared to higher-income taxpayers. Examples of regressive taxes include sales taxes and property taxes.

Which Tax System Requires Higher-Income Taxpayers to Have Lower Tax