What are progressive and regressive taxes?

Vol: 
3/2016
Author name: 
Varela, P
Year: 
2016
Month: 
February
Abstract: 

Taxes have a wide range of rates, thresholds and burdens for different kinds of taxpayers. In general, we describe a tax as progressive or regressive by comparing the tax paid by an individual with the income of that individual.

Publication file: 

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