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A Decrease in the Size of a Tax Is Most

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A decrease in the size of a tax is most likely to increase tax revenue in a market with


Definitions:

Transfer

The movement of something from one place, person, or ownership to another, often without the exchange of money.

Regressive Tax Structure

A tax system where the rate decreases as the taxable amount increases, disproportionately affecting lower-income individuals.

Proportion

A part, share, or number considered in comparative relation to a whole.

Income

The money received by an individual or group for their labor, investments, or other revenue-generating activities.

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