regressive tax

Popular Terms
Taxation that takes a larger percentage of a lower-income and a smaller percentage of a higher income. For example, a tax on the basic necessities (which form a larger percentage of the expenditure of the lower income population) is a regressive tax. See also progressive tax.

Use 'regressive tax' in a Sentence

Some times there is a regressive tax that will take more from the poorer people than the richer people but I am not sure why.
16 people found this helpful
I was not aware that the company I had been hired by had imposed a regressive tax and, therefore, the tax rate would decrease over time.
14 people found this helpful
Some countries use a regressive tax that favors the rich people and ends up costing the poor people more money.
14 people found this helpful

Email Print Embed