Title: What is a Progressive Tax? (with pictures)
Headings: What is a Progressive Tax? (with pictures)
What is a Progressive Tax? (with pictures)
Tricia Christensen
Tricia Christensen
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Content: Some propose a flat tax rate instead of a progressive tax, or a tax on spending instead of on income. Others favor a regressive tax, where percentage of taxes decreases when income increases. This would mean people who make the most would pay a much lower percentage in taxes, but since their income is high, they’d still pay quite a bit in taxes. People who make the least would pay the highest percentages, though allowances might still be made for those under the poverty level. This system would purportedly mean everyone would pay about the same amount in taxes each year. Critics of the regressive tax system suggest this would be an unfair burden on those least able to afford taxes. Tricia Christensen
Tricia has a Literature degree from Sonoma State University and has been a frequent contributor for many years. She is especially passionate about reading and writing, although her other interests include medicine, art, film, history, politics, ethics, and religion. Tricia lives in Northern California and is currently working on her first novel. Tricia Christensen
Tricia has a Literature degree from Sonoma State University and has been a frequent contributor for many years.