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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 higherincome households spend a smaller share of their income on property taxes. Excise taxes tend to be regressive because lowerincome households spend more of their income on gas. Sales taxes tend to be regressive because lowerincome households spend more of their income on groceries.
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 higherincome households spend a smaller share of their income on property taxes.
Excise taxes tend to be regressive because lowerincome households spend more of their income on gas.
Sales taxes tend to be regressive because lowerincome households spend more of their income on groceries.
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