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What is progressive and regressive tax?
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17 votes
What is progressive and regressive tax?

User Shahjahan Ravjee
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1 Answer

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11 votes

Answer: progressive tax is a tax that takes a larger percentage of income from high-income groups than from low-income groups. Regressive Tax is a tax that takes a larger percentage of income from low-income groups than from high-income groups.

User Raj Shah
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