What is the difference between a progressive tax system and a regressive tax system

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asked Jul 17, 2019 47.1k views

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Sangram Parmar · Answer 1 · 2019-07-22T16:20:19+0000

Most state income taxes have a similar progressive structure. A regressive tax is the exact opposite. Higher-income taxpayers pay a smaller percentage of their income than lower-income taxpayers because the tax is not based on ability to pay.

What is the difference between a progressive tax system and a regressive tax system

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