Regressive: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Mend link.) |
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*[[Progressive]] | *[[Progressive]] | ||
*[[Regression analysis]] | *[[Regression analysis]] | ||
*[[Sales | *[[Sales Tax]] | ||
*[[Tax]] | *[[Tax]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 09:11, 31 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.
