“Most fees are regressive. They impact the poor the most. Such fees reduce discretionary income and hurt businesses and the private sector”
That does not regressive make. People confuse the term with taxes that affect poor people at all, as opposed to the accurtate definition of taxes which hit poor people disproportionately. Certain sin taxes, like those for cigarettes and soda pop, are truly regressive since generally rich people don’t buy them. But I’m not sure rich people don’t drive into New York. Maybe they all take helicopters and this truly is regressive.
What Does Regressive Tax Mean?
A tax that takes a larger percentage from low-income people than from high-income people. A regressive tax is generally a tax that is applied uniformly. This means that it hits lower-income individuals harder.