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16.2 Taxation  (Page 19/19)

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  • Card 19 / 19:
    regressive tax

    a tax in which people with higher incomes pay a smaller share of their income in tax

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Practice FlashCards 8 Key Terms 9

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Source:  OpenStax, Principles of macroeconomics for ap® courses. OpenStax CNX. Aug 24, 2015 Download for free at http://legacy.cnx.org/content/col11864/1.2
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