Describe differences of proportional and regressive tax rate

Reference no: EM13905333

1. Describe the differences between a proportional, progressive, and regressive tax rate structure.

2. Arnold and Lilly have recently had a heated discussion about whether a sales tax is a proportional tax or a regressive tax. Arnold argues that a sales tax is regressive. Lilly counters that the sales tax is a flat tax. Who is correct?

Reference no: EM13905333

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