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Which of these statements is NOT TRUE of a regressive tax? State and local taxes are more progressive than federal taxes. Property taxes tend to
Which of these statements is NOT TRUE of a regressive tax? State and local taxes are more progressive than federal taxes. Property taxes tend to be regressive because higher-income households spend a smaller share of their income on property taxes. Sales taxes tend to be regressive because lower-income households spend more of their income on groceries. Excise taxes tend to be regressive because lower-income households spend more of their income on gas
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