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Title: Why are sales taxes called regressive taxes?
Post by: mobious74 on Oct 8, 2017
Why are sales taxes called regressive taxes?
A) Because they discourage the purchase of some products
B) Because poorer people pay a higher percentage of their income than richer people
C) Because it applies to sales taxes
D) Because food and drugs are often exempt
E) Because the more one makes, the lower the rate of sales tax that is applied to one's purchases


Title: Re: Why are sales taxes called regressive taxes?
Post by: Byprivate on Oct 8, 2017
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