Advertisements
Advertisements
Question

Identify the type of taxation.
Options
Progressive
Regressive
Proportional
Degressive
MCQ
Advertisements
Solution
Regressive
Explanation:
A regressive tax is one in which the tax rate drops as the tax base rises. The diagram depicts the case of regressive taxation. The tax line travels downward to the right, indicating that the tax rate reduces as the tax base expands.
shaalaa.com
Is there an error in this question or solution?
