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Which best describes a regressive tax?
a tax that charges low-income earners a lower percentage than high-income earners
a tax that charges an equal percentage to all
a tax that charges earners based on their professions
a tax that charges high-income earners a lower percentage than low-income earners
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GPT-5 mini
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"a tax that charges high-income earners a lower percentage than low-income earners"
A regressive tax takes a larger percentage of income from low-income earners than from high-income earners (examples: some sales and excise taxes).
A regressive tax takes a larger percentage of income from low-income earners than from high-income earners (examples: some sales and excise taxes).
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