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Why is a proportional tax also a regressive tax?
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Why is a proportional tax also a regressive tax?
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May 13, 2019
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Why is a proportional tax also a regressive tax?
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The answer to your question is that these rates are considered regressive because low-income taxpayers are more affected by the rate than those with a higher incomes. This is because the tax takes a larger percentage of their incomes.
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May 17, 2019
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