A government chooses to alter two of its taxation policies. It cuts the petrol tax and increases the food tax. How will these changes influence how regressive the taxes are?
- Alower petrol tax: less regressive; higher food tax: less regressive
- Blower petrol tax: less regressive; higher food tax: more regressive
- Clower petrol tax: more regressive; higher food tax: less regressive
- Dlower petrol tax: more regressive; higher food tax: more regressive