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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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