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Position:Home>History> My brother asked me this when we were on the way to texas can you help me please


Question:Explain the difference between a progressive and regressive tax, cite one example of each, and explain why the example fits into that category of tax.


Best Answer - Chosen by Asker: Explain the difference between a progressive and regressive tax, cite one example of each, and explain why the example fits into that category of tax.

Why are you posting this in history? It is not a history question.

Regressive Tax
http://en.wikipedia.org/wiki/Regressive_...
An example would be sales tax.

Progressive tax
http://en.wikipedia.org/wiki/Progressive...
An example would be income tax.

Hey C. MC is correct.
This is for history buffs and not BORING old financial stuff.
Cheers.
CATHORIO.