asked 15.3k views
2 votes
What are progressive, regressive, and proportional taxes?

asked
User Shawnett
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1 Answer

7 votes
progressive tax—A tax that takes a larger percentage of income from high-income groups than from low-income groups. proportional tax—A tax that takes the same percentage of income from all income groups. regressive tax—A tax that takes a larger percentage of income from low-income groups than from high-income groups.

Hope this helps. (Btw love your pfp)
answered
User Nasser Tahani
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7.8k points
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