No.
Check the meaning of each of those terms.
1: Mary and Sara want to go shopping to buy new outfits for the weekend. They both fall in love with the same shirt and each decide to buy one for $15. At the register, a sales tax of 6% is added to the total. Since Mary makes more money than Sara, this purchase will not impact her overall budget as much as it will for Sara who makes less money. This is an example of a...?
A:Progressive tax
B:Regressive tax
C:Income tax
D:Excise tax***
Is this correct?
6 answers
Okay thank you, I will do that now!
Regressive tax***
Yes, Regressive tax
Thank you, very much!
You're welcome.
1 answer