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单词 regressive tax
释义

regressive tax


A tax that takes a higher percentage of low incomes than high ones. Sales taxes, especially on food, clothing, medicine, and other basic necessities are widely cited as examples of regressive taxes. (Compare progressive tax.)

Words nearby regressive tax

regression, regression analysis, regressive, regressive assimilation, regressive staining, regressive tax, regret, regretful, regrettable, regroup, regrow
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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更新时间:2024/11/13 23:41:08