Answer:
Step-by-step explanation:
Progressive Taxation: This is a tax system where higher rates falls on high income earners and lower tax rate on low income earners. In other words the high income earners pay more tax than the low income earners.
Examples of progressive taxation are (i)pay as you earn (PAYE), (ii)Tax on wealth or property tax.
While
Regressive Taxation: This is a tax system where higher rates falls on the low income earners and lower tax rate falls on the high income earner.
Examples of regressive taxation are (i)Sin tax: tax levied on goods that are considered harmful to the society, e.g tobacco, excessive sugar. (ii) sales tax.
While
Proportionate Taxation: This is a taxation system where every tax payer pays equal proportion of his or her income.
Example of proportional taxation is Value added tax (VAT).