Regressive Tax
a tax by which the tax rate increases as the taxable base amount decreases
An income tax that is a regressive tax taxes individuals with a lower income at a higher rate than those with a higher income.
俚语 | regressive tax |
释义 | Regressive Taxa tax by which the tax rate increases as the taxable base amount decreases An income tax that is a regressive tax taxes individuals with a lower income at a higher rate than those with a higher income. |
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