A tax that exacts a lower proportion of income from higher-income people than it does from lower-income households is a regressive tax.

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Michael People · Accepted Answer

Final Answer : True, Explanation :  A regressive tax imposes a greater burden on lower-income individuals than on higher-income earners because it takes a smaller percentage of income as the income increases, effectively impacting lower-income households more heavily.

A tax that exacts a lower proportion of income from higher-income people than it does from lower-income households is a regressive tax.

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