A Tax That Exacts a Higher Proportion of Income from Higher-Income

question 274

True/False

A tax that exacts a higher proportion of income from higher-income people than it does from lower-income households is a regressive tax.

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Definitions:

Sleep Deprivation

The condition of not having enough sleep, which can negatively affect cognitive functions, emotional state, and physical health.

Traffic Accident Rates

The frequency or statistical occurrence of traffic accidents in a specified area over a particular period of time.

Daylight Savings Time

An annual adjustment of clocks during the warmer months to extend evening daylight, typically by moving clocks forward by one hour.

Standard Time

Established time zones designed to unify local times, enabling regions across the globe to synchronize activities and communications.