Task A2.1 Types of taxes: regressive tax

Ever wondered what proportional, progressive and regressive taxes are? Find out what they are. See how they work.

The example of a regressive structure looks at motor vehicle registration. A regressive tax is a tax where the same amount is paid, regardless of the level of income.

Task A2.1 Types of taxes: regressive tax
Type: Quiz
Questions: 7
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
Passed:
  • Fact 12

    The expenses of World War I were so great that the Commonwealth Government introduced three new taxes in 1917: an entertainment tax, a wartime profits tax and a bachelor tax that raised such a bitter protest that it was never put into operation.

Medicare levy surcharge

An extra amount payable by some taxpayers in addition to the Medicare levy. A taxpayer may have to pay the surcharge if they do not have the appropriate level of private hospital cover with a health fund and their Medicare levy surcharge income exceeds the threshold.

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