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Check out these retro videos from Encyclopedia Britannica’s archives. - Demystified Videos
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In these videos, Britannica explains a variety of topics and answers frequently asked questions.
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Britannica celebrates the centennial of the Nineteenth Amendment, highlighting suffragists and history-making politicians. - Britannica Beyond
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Britannica Presents Earth’s To-Do List for the 21st Century. Learn about the major environmental problems facing our planet and what can be done about them! - SpaceNext50
Britannica presents SpaceNext50, From the race to the Moon to space stewardship, we explore a wide range of subjects that feed our curiosity about space!
A regressive tax* is a tax applied uniformly to everyone, no matter your income. This effectively means that the percentage of your income you pay in regressive taxes decreases for those who earn higher incomes, as illustrated by the table below, so those with a higher income pay a lower percentage of their income as tax than those with a lower income.
This is because, for low-income households, a greater percentage of income is needed for essential expenses such as food, housing, transportation and healthcare. Low- income households also tend to use more of their income on these basics in comparison to those who earn more, due to the difference in incomes.
For example, a weekly food shop costing £150 is half of the income for someone who earns £300 a week, whereas for someone earning £600 a week, this shop is just a quarter of their weekly wage.