List the three tax structures, define, and give an example for each.

The answer is progressive, proportional, and regressive tax.

Explanation:

A tax is a compulsory levy imposed on the individual, and corporate bodies with a view to raise revenue for government to meet their responsibility to their citizens. Such as provisions of infrastructural facilities for the citizens.

A progressive tax is a tax that increases at a higher percentage as income increases .it is a tax structure designed to take more from the income of the rich .Example personal income tax.

Proportional tax is a tax structure designed to take equal proportion of income from both the rich and the poor. It is a tax system in which the tax payers is expected to pay the same percentage of tax on his or her income regardless of the level of income made by the tax payers. Example sales tax

Regressive tax is a tax that takes an increasing fraction of income as income of the tax payers reduces .in other words, it is a tax which favours the rich more than the poor.Example sales tax

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