The regressive taxation method is one which boosts the taxes a person must pay in different rates. These costs vary regarding to simply how much the taxpayer earns and whether they currently have any household. Thus, the greater 1 makes, the bigger the rate from the taxation that he has to pay. The other part of this system is usually that the more a person gets than his spouse or any dependent, the greater the rate this individual has to pay.
This system is very popular in the US. While, it is not popular in other countries as well because they think that it is not really fair to the working school. But ifarealtors.com if we go through the situation at this moment, it seems that it has worked for everybody except the rich. Whenever we look at record, every country has its own system of taxing the people plus the governments in the countries determine the system in accordance with the requires of the country. So , this can be how the income tax method is determined in the US.
There are many individuals who are in favor of a progressive system of taxation during your time on st. kitts are numerous others who also are favoring the use of a regressive taxation system. For the purpose of determining which from the two systems would be better, you need to study why individuals are paying taxation. It is for this reason that one needs to know the regressive taxation system and how it is actually applied near your vicinity. Only in that case he can make a decision whether it is great for the government or not.