Title: Regressive tax financial definition of Regressive tax
Headings: Regressive tax
Regressive tax
Regressive tax
Regressive Tax
regressive tax
Regressive tax.
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Content: All rights reserved. All rights reserved. Regressive tax. A regressive or flat income tax system taxes everyone at the same rate, as sales tax does. Advocates say it's simpler and does away with the kinds of tax breaks that tend to favor the wealthy. Opponents say that middle-income taxpayers carry too large a proportion of the total tax bill. Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, or visit the webmaster's page for free fun content .