Review Topics
Practice Exams
When taking your exam, don't think about the song "Camptown Races." (We said, DON'T think about the song. Or going to the bathroom.)

Progressive and Regressive Tax Logic

Dashboard > Chapter 20: Taxes (But Fortunately No Death) > Progressive and Regressive Tax Logic

Progressive and Regressive Tax Logic

To Do List


Tax Logic Drill

Tax "Logic": Pro- and Re-gressive

In general, taxes can be categorized as progressive and regressive. A progressive tax is one that affects high-income taxpayers more than low-income taxpayers. (How do you like that term "taxpayer"? It makes "individual" seem all warm and fuzzy). An example of a progressive tax is the income tax. The Federal tax scheme has different tax brackets. Brackets are simply percentages. You pay a higher percentage of your income, in theory anyway, as you earn...

Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!

Next: Taxes Exact: Taxes on Bonds, Dividends, Etc.  
  Prev: Municipal Syndicates