What are progressive and regressive taxes?(Example-1)

What are progressive and regressive taxes?(Example-1)

A progressive tax structure means that the more a person earns, the higher the rate of tax. Some taxes are regressive, meaning that the portion of income paid is higher for low income individuals and families.

Broadly speaking Nova Scotia’s personal income tax bracket and rate structure is progressive, particularly in higher income ranges. The same is largely true across Canada.

The HST, motive fuel taxes, and tobacco taxes are examples of regressive taxes.

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