Distinguish between "digressive taxes" and "regressive taxes".

Distinguish between "digressive taxes" and "regressive taxes".

Answers

1. Regressive taxes
These are taxes where the rate of falls as income rises. The poor are called upon to make a greater sacrifice than the rich.

2. Digressive taxes
These are taxes that call upon higher income earners to contribute less compared to the lower earners.
There is a progression up to a certain point beyond which the rate becomes proportional

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Wilfykil answered the question on February 13, 2019 at 07:53

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