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What is the difference between a progressive tax system and a regressive tax system
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Jul 17, 2019
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What is the difference between a progressive tax system and a regressive tax system
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Tim Ottinger
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Most state income taxes
have a similar progressive structure
. A
regressive tax
is the exact opposite. Higher-income taxpayers pay a smaller percentage
of
their income than lower-income taxpayers because the
tax
is not based on ability to pay.
Sangram Parmar
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Jul 22, 2019
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Sangram Parmar
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