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Social Science Categories
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| Definition Of: |
Regressive tax
A tax that tends to take a larger percentage of the incomes of lower income citizens than it takes from the incomes of higher income citizens. Examples: a poll tax, a flat percentage tax on only the first so many dollars of income (like the social security tax) or a sales tax on consumption items of common necessity (like groceries).
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Dictionary of Political Economy INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 A: Page 1 of 1.
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