A form of tax that is midly progressive and reg... - JAMB Economics 2019 Question
A form of tax that is midly progressive and regressive is_______
A
Proportional tax
B
Progressive tax
C
Regressive tax
D
Digressive tax
correct option: d
A tax may be progressive up to certain limit, after that it may be charged at a flat rate i.e Regressive. Digressive tax are not cheap.
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