8 According to their effect to different tax payersincomes t

8. According to their effect to different tax payers/incomes, taxes can be a. Progressive b. Agressive c. Regressive d. Hyperbolic

Solution

According to the effect of taxes on the individual incomes....Taxes are progressive, that is taxes increase with the rise in level of income of individuals.

so the correct option is (a) Progressive.

8. According to their effect to different tax payers/incomes, taxes can be a. Progressive b. Agressive c. Regressive d. HyperbolicSolutionAccording to the effec

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site