Mr.A earns N300 and pays N15 in tax. Mr. B earns N100 and pays N6…

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Economics JAMB 1980

Mr.A earns N300 and pays N15 in tax. Mr. B earns N100 and pays N6 in tax. This tax system can be described as?

  • proportional tax
  • progressive tax
  • competitive tax
  • excise tax
  • regressive tax checkmark

The correct answer is: E

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