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प्रश्न
Citing reasons state the superiority of Progressive tax over regressive tax.
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उत्तर
Progressive tax is better than regressive tax because under a progressive tax system high income earners pay more than low income earners. And under regressive taxation the tax rate deceases as the income levels increases. High tax is collected, from low income earners and low from high income groups.
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संबंधित प्रश्न
Wealth tax is an example of:
Which of the following taxes generate civic consciousness among people?
Define fiscal policy.
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
An indirect tax is not always equitable. Give two reasons to support your answer.
What is meant by shifting of tax burden?
Classify the following type of tax into direct and indirect taxes:
Income tax
Briefly explain why direct taxes foster civic consciousness among people.
Explain clearly tour ways by which the state can promote economic growth and development.
Define a tax.
