Question on: JAMB Economics - 2019
A form of tax that is midly progressive and regressive is_______
A
Proportional tax
B
Progressive tax
C
Regressive tax
D
Digressive tax
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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.Â
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