Examlex
Which of the following did NOT result from Christopher Columbus's voyages?
Regressive
Pertaining to a tax system in which the tax rate decreases as the taxable amount increases, burdening proportionally more on lower-income earners.
Proportional
Corresponding in size, degree, or intensity; having a constant relation in degree or number between the parts.
Sales Taxes
Taxes imposed by governmental entities on sales of goods and services, typically collected at the point of sale from the consumer.
Regressive
Referring to a tax system where the tax rate decreases as the taxable amount increases, placing a higher relative burden on lower-income earners.
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