Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business
New Topic  
mobious74 mobious74
wrote...
Go to Answer
Posts: 563
Rep: 0 0
6 years ago
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
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
Authors:
Read 126 times
1 Reply
Replies
Answer verified by a subject expert
ByprivateByprivate
wrote...
#1
Top Poster
Posts: 733
Rep: 37 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

mobious74 Author
wrote...

6 years ago
Just got PERFECT on my quiz
dri
wrote...

Yesterday
Smart ... Thanks!
big_larry_samp
wrote...

2 hours ago
Helped a lot
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1246 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1177
  
 316
  
 329
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Does a gender wage gap exist in America?