A tax that imposes a higher percentage rate of taxation on low incomes rather than high incomes is known as a progressive tax

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asked Aug 5, 2016 150k views

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Nbbk · Answer 1 · 2016-08-11T22:51:40+0000

No, this is false.
A progressive tax imposes a higher taxation on high incomes rather than on low incomes. The tax type from the description is the regressive tax.

A tax that imposes a higher percentage rate of taxation on low incomes rather than high incomes is known as a progressive tax

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