Phrases with «regressive tax»

A regressive tax is a type of tax where the tax rate decreases as the income or wealth of the taxpayer increases. In simpler terms, it means that people with lower incomes pay a greater proportion of their income in taxes compared to those with higher incomes. Full definition

Sentences with «regressive tax»

  • This discrepancy in the size and number of inferences — a sort of regressive tax on lack of knowledge — is likely one of the key reasons that knowledge influences comprehension so deeply. (educationnext.org)
  • According to the Institute on Taxation & Economic Policy, Florida has the 2nd most regressive tax system in the nation. (fundeducationnow.org)
  • Consequently, it has the most regressive tax system of any state in the nation. (vox.com)
  • (see all sentences)
a b c d e f g h i j k l m n o p q r s t u v w x y z