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A tax is defined as regressive if?

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Economics JAMB 1989

A tax is defined as regressive if?

  • the proportion of income paid as tax increase as the income level increases
  • all income group pay the same percentage of their income as tax
  • the proportion if income taen by the tax falls as income increases checkmark
  • the proportion of income taken by the tax is a fixed nominal amount of income for all income groups

The correct answer is: C

Explanation

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