Examlex
Whenever possible, use word combinations, i.e., "reduce down," to add emphasis.
Regressive Tax
A tax system wherein the tax rate decreases as the taxable amount increases, placing a higher burden on lower-income earners.
Sales Tax
A tax on the value of goods sold.
Wealth Tax
A tax on the wealth of an individual.
Sales Tax
A tax imposed by a government on sales of goods and services, typically calculated as a percentage of the purchase price.
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