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What is regressive taxation?

Topics: Business & FinanceTaxesIRS, Politics

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Regressive taxation is a tax system that provides that average tax rates decrease with increases in individuals' income brackets.


Douglas Will

Regressive tax is a tax system that provides that average tax rates decrease with increases in individuals' income brackets.

A tax structure which requires the more well-off to pay a lower percentage of their income in tax than a less well-off citizen.

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What is regressive taxation?