Examlex
Which of the following is a true statement?
Regressive
Relating to a taxation mechanism where the tax rate decreases as the taxable amount increases, disproportionately affecting lower-income earners.
Largest Source
The most significant origin or provider of something, often used in the context of energy production, emissions, or resources.
Average Tax Rate
The ratio of the total amount of taxes paid to the total tax base (taxable income or spending), showing the fraction of income that is paid in taxes.
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