What type of taxes are the GST,PST,and HST examples of?
A)Regressive
B)Positive
C)Negative
D)Progressive

Question

Quizplus · Accepted Answer

GST (Goods and Services Tax), PST (Provincial Sales Tax), and HST (Harmonized Sales Tax) are all examples of regressive taxes. Regressive taxes are those where the tax rate decreases as the taxable amount increases. They tend to have a larger impact on low-income earners as they spend a higher percentage of their income on taxable goods and services.

What Type of Taxes Are the GST,PST,and HST Examples Of