The sales tax is generally considered to be a regressive tax.

Name: The sales tax is generally considered to be a regressive tax.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

The sales tax is considered regressive because it takes a larger percentage of income from low-income individuals compared to high-income individuals. This is because low-income individuals typically spend a larger portion of their income on taxable goods and services, whereas high-income individuals can afford to save more of their income or spend it on non-taxable items.

The Sales Tax Is Generally Considered to Be a Regressive