Regressive tax systems are bad.
A) True
B) False
C) Uncertain

Question

Quizplus · Accepted Answer

The statement "Regressive tax systems are bad" is subjective and depends on the context, economic theories, and personal beliefs. A regressive tax system, where the tax rate decreases as the taxable amount increases, can be seen as unfair by some because it places a heavier burden on lower-income individuals. However, others might argue that it encourages investment and economic growth. Therefore, the assessment of whether regressive tax systems are "bad" is uncertain and varies based on perspective.

Regressive Tax Systems Are Bad