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The rate of tax, which is uniform for all the taxpayers, is termed as ______. - Economics

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Question

The rate of tax, which is uniform for all the taxpayers, is termed as ______.

Options

  • Progressive

  • Proportional

  • Regressive

  • Direct

MCQ
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Solution

The rate of tax, which is uniform for all the taxpayers, is termed as proportional.

Explanation:

The tax rate is uniform for all taxpayers. This implies that regardless of whether a person’s income is high or low, the same proportion of income is paid as tax.

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