How does a regressive taxation system work?

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11-06-2021
Advanced Placement (AP)

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How does a regressive taxation system work?

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ahmedsx ahmedsx · Answer 1 · 2021-06-11T00:07:07+02:00

ahmedsx ahmedsx

11-06-2021

Answer: In a regressive tax system, an individual’s tax burden decreases as income increases. This means that you’ll be taxed at a lower rate as your taxable income rises; you’ll be taxed a higher rate the lower your income is. So wealthier individuals will pay less in taxes than lower-income individuals.

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8641074 8641074 · Answer 2 · 2021-07-12T20:17:43+02:00

8641074 8641074

12-07-2021

Answer:

it makes all citizens pay the same percentage of there income taxes

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