A tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases.
Sinònims
Examples for "regressive tax"
Examples for "regressive tax"
1C4 raised its money through advertising which is a highly regressive tax.
2His regressive tax cuts and deregulation have returned property to their rightful owners.
3Gun violence in America, as criminologist Frank Zimring put it, is another regressive tax on the poor.
4Multiple studies also show that certain forms of gambling amount to a " regressive tax" on the poor.
5As examples he cites the Conservatives cutting corporation tax while increasing the rate of VAT, "a deeply regressive tax".
1Anthony Albanese has said he is "not a supporter of expanding regressive taxes".
Translations for regressive taxes