Tax rates that place more of a burden on low- and middle-income taxpayers than on wealthier ones are called
A)marginal propensity tax rates.
B)progressive tax rates.
C)regressive tax rates.
D)nonreformist taxes.

Question

Quizplus · Accepted Answer

Regressive tax rates place a larger burden on lower income individuals compared to higher income ones. This is because a larger percentage of their income goes towards taxes compared to higher income individuals who may have more opportunities for tax deductions and credits. Progressively increasing tax rates, on the other hand, would place a higher burden on higher income individuals.

Tax Rates That Place More of a Burden on Low-