tudor monarch 15633 mens watch two-tone 18k yellow gold & stainless steel quartz
Tee difference between a progressive and a regressive tax is that a progressive tax is a direct form of taxation where the rate of taxing increases as income increases, whereas a regressive tax is an indirect tax where the rate of taxing decrecreases as income increases.
Since those with higher taxable incomes pay a higher percentage, the Federal income tax is a progressive tax. Sales and excise taxes, by comparison, are considered regressive. Since the goods get taxed at the same percentage, those with lower incomes pay a larger percentage of their income in sales and excise taxes.