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"regressive" in Business English

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uk   us   /rɪˈɡresɪv/
used to describe ​ideas or ​systems that are old-fashioned and do not encourage ​change or ​development: The ​movement will defeat the ​autocratic and regressive ​regime.
ECONOMICS, TAX used to describe an ​economic or ​taxsystem in which there are ​advantages for ​richpeople and disadvantages for ​poorpeople: Economists generally ​regardsalestaxes as regressive, since the ​poorspend a greater ​part of their ​income than the ​rich.regressive policy/subsidy/measure Two decades of regressive ​policies have ​doubled the ​numbersliving in ​poverty.
(Definition of regressive from the Cambridge Business English Dictionary © Cambridge University Press)
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“regressive” in Business English

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