Meaning of “regressive tax” in the English Dictionary

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"regressive tax" in Business English

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regressive taxnoun [ C ]

uk us TAX

a tax in which poor people pay a higher percentage of their income than rich people:

It's a regressive tax that hurts poor people more than anyone.
This state has one of the most regressive tax systems in the nation.

(Definition of “regressive tax” from the Cambridge Business English Dictionary © Cambridge University Press)