how are progressive taxes and regressive taxes similar? both charge high - income individuals more. both are…

how are progressive taxes and regressive taxes similar? both charge high - income individuals more. both are considered flat taxes. both generate revenue for public services. both are types of indirect taxes.

how are progressive taxes and regressive taxes similar? both charge high - income individuals more. both are considered flat taxes. both generate revenue for public services. both are types of indirect taxes.

Answer

Brief Explanations:

Progressive and regressive taxes are revenue - generating mechanisms for public services. Progressive taxes tax higher - income earners at a higher rate, while regressive taxes tax lower - income earners at a relatively higher rate. But their common goal is to raise funds for public services.

Answer:

C. Both generate revenue for public services