Which best describes a regressive tax?

A) a tax that charges low-income earners a lower percentage than high-income earners
B) a tax that charges an equal percentage to all
C) a tax that charges earners based on their professions
D) a tax that charges high-income earners a lower percentage than low-income earners

Respuesta :

A regressive tax is a tax that charges high-income earners a lower percentage than low-income earners

Option B is correct

What is a regressive tax?

Generally, a regressive tax sees that tax payments are applied on a uniform basis, This effects, as it takes more from the low-income earners than from high-income earners

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Answer: D

Explanation:

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