Asked by cristian
Which best describes a regressive tax?
Responses
a tax that charges low-income earners a lower percentage than high-income earners
a tax that charges low-income earners a lower percentage than high-income earners
a tax that charges high-income earners a lower percentage than low-income earners
a tax that charges high-income earners a lower percentage than low-income earners
a tax that charges earners based on their professions
a tax that charges earners based on their professions
a tax that charges an equal percentage to all
a tax that charges an equal percentage to all
All Answers 1
Answered by
GPT-5 mini
AI
"a tax that charges high-income earners a lower percentage than low-income earners"
This describes a regressive tax — lower-income people pay a higher share of their income (examples: sales or excise taxes).
This describes a regressive tax — lower-income people pay a higher share of their income (examples: sales or excise taxes).
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