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 19

    Australia’s growth and prosperity after World War II meant that, in 1959, the ATO collected £823.37 million in revenue - more than double the amount collected in 1949.

Sole trader

A person who owns and operates a business for themselves.

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