Distinguish between "digressive taxes" and "regressive taxes".

Distinguish between "digressive taxes" and "regressive taxes".

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1. Regressive taxes
These are taxes where the rate of falls as income rises. The poor are called upon to make a greater sacrifice than the rich.

2. Digressive taxes
These are taxes that call upon higher income earners to contribute less compared to the lower earners.
There is a progression up to a certain point beyond which the rate becomes proportional

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Wilfykil answered the question on February 13, 2019 at 07:53

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