Title: Regressive Tax - Understanding How a Regressive Tax System Works
Headings: Regressive Tax
Regressive Tax
What is a Regressive Tax?
Types of Regressive Tax
1. Sales tax
2. Sin tax
3. Property tax
Tax Example
Additional Resources

Content: Generally, a regressive tax is a tax that is an absolute currency amount levied uniformly to all of the population. Therefore, the low-income population carries a bigger burden than those with high income because the tax amount takes a greater percentage of their income, although the tax dollar amount is the same. A regressive tax system is not commonly used for income taxation. However, it is used with many other taxes, such as sales or sin tax. The regressive tax is directly opposite to progressive tax
Progressive Tax A progressive tax is a tax rate that increases as the taxable value goes up. It is usually segmented into tax brackets that progress to
. Types of Regressive Tax
Regressive taxation can be encountered in different taxes with a uniform tax amount. Nevertheless, the degree of regression varies. 1. Sales tax
Sales taxes are imposed on major goods available to consumers.