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Tee difference between a progressive and a regressive tax is that a progressive tax is a direct form of taxation where the rate of taxing increases as income increases, whereas a regressive tax is an indirect tax where the rate of taxing decrecreases as income increases.
Definition of 'Regressive Tax'. Tweet. This system of taxation generally benefits the higher sections of the society having higher incomes as they need to pay tax at lesser rates. Definition: Under this system of taxation, the tax rate diminishes as the taxable amount increases.efinition of 'Regressive Tax'. Tweet. This system of taxation generally benefits the higher sections of the society having higher incomes as they need to pay tax at lesser rates. Definition: Under this system of taxation, the tax rate diminishes as the taxable amount increases.