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From course:

Economics A Level (DONEEEEEEE)

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Question:

What is Regressive Taxation?

Author: eric_galvao



Answer:

-This is when one's Taxes Fall as Incomes Rise and this is used for Supply side Growth -Reducing the Taxes of the Rich, the Government hopes the Trickle-down Effect can Work. -This gives more Incentive to Work Harder, but creates Inequality


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