accounting ethics
type: Concept
narrower: regressive tax

regressive tax
definition: A tax is regressive if it requires those with lower income or wealth to pay a higher fraction of their income in tax. A sales tax, which can be levied either at the point of purchase or at various points in the product or sales process, is generally regressive. [Source: Encyclopedia of Business Ethics and Society; Regressive Tax]
broader: accounting ethics
type: Concept

concepts
type: Collection
type: ConceptGroup
member: regressive tax