Concept information
Preferred term
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 concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/regressive_tax
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