Sales and excise taxes tend to be ___________ because low income people tend to spend a _________ fraction of their income than high income people.

A) progressive;larger
B) regressive;larger
C) progressive;smaller
D) regressive;smaller

Excise Taxes

Taxes levied on specific goods or services, such as gasoline or alcohol, often imposed to discourage their use or generate revenue.

Income People

Individuals or groups categorized by the level of income they receive, often used in discussions about economic policy or social welfare.