History , 23.06.2019 00:30 lovelyloserr

Your department store receipt says that you paid a 5% sales tax on sports equipment. this sales tax is an example of a a. proportional tax b. income tax c. regressive tax d. progressive tax

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Answer from: Greatthinker2000

Your department store receipt says that you paid a 5% sales tax on sports equipment. This sales tax is an example of a

A. proportional tax

Answer from: amyrose90999

C. Regressive tax, hope it helps

Answer from: coontcakes

"Your department store receipt says that you paid a 5% sales tax on sports equipment." This type of sales tax is an example of regressive tax.

Answer from: brendaandrade1889

Regressive tax

Explanation: gradpoint

Answer from: sbelgirl2000

Your department store receipt says that you paid a 5% sales tax on sports equipment. This sales tax is an example of a "regressive tax".

A regressive tax refers to a tax connected consistently, taking a bigger level of pay from low-salary workers than from high-pay workers. It is contrary to a progressive tax, which takes a bigger rate from high-pay workers.

A regressive tax influences individuals with low livelihoods more seriously than individuals with high salaries since it is connected consistently to all circumstances, paying little respect to the citizen. While it might be reasonable in a few occurrences to assess everybody at a similar rate, it is viewed as out of line in different cases.

Answer from: imaboss10986

The correct answer is Regressive Tax.

Regressive Tax is described as a tax imposed in this type of way that the tax charge decreases as the quantity concern to taxation increases. The word "Regressive" describes a distribution impact on earnings or expenditure, regarding the way the fee progresses from high to low, in order that the average tax fee exceeds the marginal tax fee.

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