A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- Progressive TaxA tax system where the rate rises as income increases, so higher earners pay a larger share of each added dollar.
- Sales TaxA tax added to the price of goods and services at checkout, collected by the seller for the government.
- Payroll TaxTaxes taken out of wages to fund programs like Social Security and Medicare, paid by both worker and employer.
- Excise TaxA tax on specific goods like fuel, alcohol, or tobacco, often built into the price rather than added at checkout.
- Property TaxA tax local governments charge on the value of real estate you own, funding schools and community services.
Turn this into a brick
Knowing what Regressive Tax means is knowledge — the first half. A brick gets placed when you act on it.
More in Taxes
1099Adjusted Gross Income (AGI)Alternative Minimum Tax (AMT)Capital Gains TaxChild Tax CreditDependent
Plain-English education — not personalized legal, tax, or investment advice.