Question

which of the following groups would be most directly impacted based on the cost of living by an increase in a tax from 10% to 12%? high - income earners mid - income earners low - income earners all would be impacted equally

Explanation:

Low - income earners typically have less disposable income and a larger proportion of their income goes towards necessities. An increase in tax would take up a larger share of their already - limited budget compared to mid - and high - income earners, severely impacting their cost of living.

Answer:

Low - income earners