Question

Which type of tax describes excise taxes, sales taxes, and tolls?(1 point)
Responses

progressive tax
progressive tax

flat tax
flat tax

regressive tax
regressive tax

use tax

Answer 1

The type of tax that describes excise taxes, sales taxes, and tolls is a **regressive tax**. Regressive taxes take a larger percentage of income from lower-income individuals compared to higher-income individuals, as these taxes do not change based on the taxpayer's ability to pay.