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5 September, 00:20

The social security payroll tax can best be described as what kind of tax

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  1. 5 September, 00:35
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    Regressive tax

    A regressive tax is a tax imposed in such a way that the tax rate decreases as the amount subject to taxation increases. As a result, a regressive tax takes a larger proportion of income from low-income taxpayers than from high-income taxpayers
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