Define regressive tax, Microeconomics

Q. Define Regressive Tax?

Regressive Tax: A tax in that lower-income individuals or households bear a proportionately greater burden of the tax. Sales taxes aretypically considered regressive (Because lower-income households don't generally save, and thereforeshould pay sales tax on a larger proportion of their total income).

Posted Date: 8/26/2013 5:20:57 AM | Location : United States

Related Discussions:- Define regressive tax, Assignment Help, Ask Question on Define regressive tax, Get Answer, Expert's Help, Define regressive tax Discussions

Write discussion on Define regressive tax
Your posts are moderated
Related Questions
draw the demand curve,when there is rise in the price of a product on the demand of the product

Determine the Cross Elasticity of Demand Measures the responsiveness of demand for good A to a given change in the price of good B. It is an significant piece of information to

Demonstrate mathematically that the equilibrium condition MRS  PB PA is the equivalent of the utility-maximizing rule MU AP A  MU B PB .

1. Through graphs describe the relationship between the price, P , and the average total cost, ATC , for a firm in perfect competition when it earns an economic profit; earns a n

When is the price of a product demand determined? The price of a product is demand defined while the product is in fixed supply. This means that the price of the product is defin

little kona is company that is considering enter a market by big brew

my q is dat how can we find mathematically dat a production function is concave?

Question: Product differentiation and entry/exit Two differentiated goods, apples and oranges, are located at the two extremes of a linear product space (a segment of length 1)

inflation and policies that are used to combat it