You learned that texas has a tax system that is generally, Ask an Expert

Economics

You learned that Texas has a tax system that is generally “regressive” because it relies heavily on sales taxes rather than income taxes. What are the definitions of regressive, flat, and progressive when it comes to taxes? Why a sales tax is considered a regressive tax? Should Texas adopt an income tax to make the tax system less regressive? Why or why not?

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Business Economics, Economics

Category:- Business Economics
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