Review:
Regressive Tax
overall review score: 1.5
⭐⭐
score is between 0 and 5
Regressive tax is a tax system where the rate of taxation decreases as income increases.
Key Features
- Tax rate decreases as income increases
- Tends to burden lower-income individuals more heavily
- Can exacerbate income inequality
Pros
- No pros listed
Cons
- Places a heavier burden on lower-income individuals
- May increase income inequality
External Links
Related Items
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