Question and answer
Why are sales taxes considered regressive?
Sales taxes are considered regressive because expenses such as food, clothing and shelter tend to make up a higher percentage of a lower income consumer's overall budget.
Expert answered|Andrew.|Points 51551|
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Asked 5/4/2015 11:11:54 AM
Updated 5/6/2015 2:58:35 AM
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Edited by yumdrea [5/6/2015 2:58:33 AM]
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Questions asked by the same visitor
Which of these is most likely the US government’s aim in taxing imported goods? A.to protect domestic businesses B.to decrease international trade C.to end reliance on foreign goods D.to make US markets less desirable
Weegy: To protect domestic businesses is most likely the US government’s aim in taxing imported goods. (More)
Question
Expert Answered
Updated 5/6/2015 2:58:15 AM
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High government expenditures can lead to a bigger A.revenue. B.stimulus. C.deficit. D.surplus.
Weegy: High government expenditures can lead to a bigger deficit. (More)
Question
Expert Answered
Updated 5/4/2015 11:32:54 AM
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High government expenditures can lead to a bigger A.revenue B.stimulus C.deficit D.surplus
Question
Not Answered
Updated 5/4/2015 11:31:43 AM
2 Answers/Comments
High government expenditures can lead to a bigger deficit.
Added 5/4/2015 11:31:43 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [5/4/2015 11:42:33 AM]
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