Regressive tax

A Tax that takes a larger percentage of the income of low-income people than of high-income people.

Related Terms: 4 High, Inc., Low, Tax

Other Related Pages: Category: Taxes Starting With: R

Additional Related Terms: 10-K, 52-week high, 52-week low, Accrual of discount, After-tax basis, Amortization of premium, At par, At best, At call, Accumulated earnings tax