
The UK government is concerned about the market influence of a large elWhat describes a regressive tax?
Select ONE answer:
- All taxpayers pay the same proportion of income in taxes.
- High-income earners pay a lower proportion of income in taxes than low-income earners.
- High-income earners pay less in taxes than low-income earners.
- High-income earners pay more in taxes than low-income earners.
Show your workings to arrive at your answer, and explain and justify your reasons:
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This multiple-choice question is suitable for Economics KS4 and KS5 classes.
The answer is 2
- Not correct
- Correct
- Not correct
- Not correct
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