Regressive: Difference between revisions
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imported>Doug Williamson (Create page. Sources: Linked pages.) |
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Revision as of 21:17, 21 August 2022
1. Tax.
A regressive tax is one that falls more heavily - as a proportion of total income - on people with lower incomes.
Value Added Tax and other sales taxes are often considered to be regressive taxes.
2.
Associated with a return to a former and less advanced - or less developed - state.
