Examlex
Which of the following characteristics about preschool programs is accurate?
Regressive
Pertaining to a tax system in which the tax rate decreases as the taxable amount increases, commonly considered less fair because it imposes a heavier burden relative to income on those with less.
Progressive
Pertaining to a taxation system in which the tax rate increases as the taxable amount increases, imposing a higher percentage rate on the wealthy to ensure equity.
Consumption Tax
A tax on the purchase of goods or services, levied at the point of sale, designed to tax spending rather than income or savings.
Encourage Consumption
Measures or strategies aimed at increasing consumer spending and demand for goods and services.
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