Ask Question
6 September, 10:47

Who would pay the least as a percentage of income under a regressive tax?

Factory owner earning $90,000 per year

Artist earning $20,000 per year

Economist earning $60,000 per year

Grill master earning $10,000 per year

+1
Answers (1)
  1. 6 September, 13:18
    0
    Regressive taxes means tends to impose a greater burden on the poor than on the rich. With that being said, the grill master would have to pay the most taxes, while the factory owner would pay the least.

    Your answer is factory owner.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Who would pay the least as a percentage of income under a regressive tax? Factory owner earning $90,000 per year Artist earning $20,000 per ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers