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

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

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

Answer

Brief Explanations:

Progressive and regressive taxes are both tools for the government to collect funds. Their main purpose is to generate revenue for public - service provision like infrastructure, education, and healthcare. Progressive taxes charge high - income individuals more, while regressive taxes charge them less. Neither is a flat tax. Progressive taxes can be direct (e.g., income tax), and regressive taxes can be either direct or indirect.

Answer:

C. Both generate revenue for public services.