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Comparing Regressive Progressive and Proportional Taxes Form

Comparing Regressive Progressive and Proportional Taxes Form

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hey hey everybody hope you're doing well today let's take a look at regressive proportional and progressive taxes and understand how the government can use taxes in order to promote equity and more than anything to realize that not all taxes actually promote equity in the same the way that you think they might so let's take a look at these three different types of taxes so take a look we got regressive taxes proportional taxes and progressive taxes right and a regressive tax let's make sure we have a good understanding of what this means is a tax that consists of a large percentage of a poor household income then a rich households income right so they're an example of these are indirect taxes indirect taxes are regressive and sales taxes are a good example right so for example if I if a 10% tax on $100 good $100 worth of good is $10 right to to a poor household 10 bucks is a lot more than to a rich person's household and so the result is

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