Which of the following best describes a regressive tax?

	A.	A tax that takes a fixed percentage of income regardless of the taxpayer’s level of income.
	B.	A tax that takes a larger share of the income of high-income taxpayers than of low-income taxpayers.
	C.	A tax that takes a higher percentage of income as income rises.
	D.	A tax whose rate rises less than in proportion to income.