Regressive

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Revision as of 09:11, 31 August 2022 by imported>Doug Williamson (Add link.)
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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.


See also