Mr. Patrick’s income is N900 while that of Mr. Shodawe is N1,300. if Mr. Patrick…

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Economics JAMB 2015

Mr. Patrick’s income is N900 while that of Mr. Shodawe is N1,300. if Mr. Patrick and Shodawe pay N90 and N130 as taxes, the tax system is

  • Direct
  • Progressive
  • Regressive
  • Proportional checkmark

The correct answer is: D

Explanation

A Proportional tax applies the same tax rate to all individuals regardless of income.  

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