What?
If a flat tax is applied to all income including investment income, I don't see how it can be "regressive".
It's clear as a bell how sales taxes, fees and other flat taxes are regressive.
Income? I'm not seeing it- yet.
Flame » in reply to define:progressive tax rate, define:regressive tax rate
If a flat tax is applied to all income including investment income, I don't see how it can be "regressive".
It's clear as a bell how sales taxes, fees and other flat taxes are regressive.
Income? I'm not seeing it- yet.