Regressive

From dKosopedia

Definition

A tax that takes a larger percentage of the income of low-income people than of high-income people.

Examples

Social Security
State and Local Excise Taxes

Retrieved from "http://localhost../../../r/e/g/Regressive.html"

This page was last modified 15:59, 2 July 2006 by Chad Lupkes. Based on work by dKosopedia user(s) KansasNate. Content is available under the terms of the GNU Free Documentation License.