Cryptocurrency Q&A
Which is the most regressive source of revenue for government?
Which is the most regressive source of revenue for government?
Lorenzo
Fri Jan 24 2025
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5
answers
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I'm trying to understand which source of revenue for the government is considered the most regressive. Could you help me identify it?
5 answers
Bianca
Sat Jan 25 2025
On the other hand, low-income consumers are often burdened with a disproportionately larger share of the tax.
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Alessandra
Sat Jan 25 2025
This system can lead to economic disparities, as it places a heavier financial strain on those who are already financially constrained.
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Valentina
Sat Jan 25 2025
Indirect tax exhibits a regressive characteristic.
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emma_carter_doctor
Sat Jan 25 2025
This implies that the tax is imposed uniformly across all individuals, regardless of their income levels.
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TaekwondoMasterStrengthHonor
Sat Jan 25 2025
Consequently, those with higher incomes end up paying a relatively smaller proportion of the total tax burden.
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