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Economics - Financial Markets 12 Online
OpenStudy (anonymous):

Who would pay the least as a percentage of income under a regressive tax? Factory owner earning $90,000 per year Artist earning $20,000 per year Economist earning $60,000 per year Grill master earning $10,000 per year

OpenStudy (anonymous):

Artist, because regressive tax isn't affected by income. Therefore, higher income=lower percentage of income becomes tax.

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