A tax that takes a larger percentage of the income of low-income people than of high-income people.
Related information about regressive tax:
- Regressive tax - Wikipedia, the free encyclopedia
A regressive tax is a tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases. "Regressive" describes a distribution ...
- Regressive Tax Definition | Investopedia
A tax that takes a larger percentage from low-income people than from high- income people. A regressive tax is generally a tax that is applied uniformly.
- Regressive Tax - Legal Dictionary - The Free Dictionary
A tax with a rate that decreases as the taxpayer's income increases. The result of a regressive tax is that the lower-income taxpayer pays a larger percentage of ...
- All 50 states have a regressive tax system — how does that impact ...
Sep 21, 2012 ... "A regressive tax system is one in which people with low incomes pay a higher percentage of their income in taxes than do wealthier people.
- The Regressive Tax That Does the Work - NYTimes.com
Jul 22, 2009 ... The federal government's two main revenue sources are the individual income tax and the payroll tax. The more rapid growth of the payroll tax ...
- Regressive Taxes - irs.gov - Internal Revenue Service
define and give an example of a regressive tax. explain how a regressive tax takes a ... A regressive tax may seem to be an equitable form of taxation because ...
- Schumer Calls Out Dems on Regressive Tax Reform | The Nation
Oct 9, 2012 ... Chuck Schumer is urging his party not to pursue across-the-board rate cuts.
- Romney's regressive tax plan - Salon.com
Aug 2, 2012 ... Romney's tax plan takes from the middle to give to the rich; the super PAC kings; and other top Thursday stories.