michaelryan32 michaelryan32

18-04-2018
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What is the difference between a progressive tax system and a regressive tax system

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davinioza davinioza

18-04-2018

Most state income taxes have a similar progressive structure. A regressive tax is the exact opposite. Higher-income taxpayers pay a smaller percentage of their income than lower-income taxpayers because the tax is not based on ability to pay.

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