Preference

Question: Tax will be progressive if--

  1. a.
    tax increases with an increase in income
  2. b.
    tax decreases with a decrease in income
  3. c.
    tax rate remains the same with an increase in income
  4. d.
    tax rate increases with an increase in income
  5. e.
    none of these
Answer: d
comments powered by Disqus

Events

Loading....

Loading....

Loading....

Share our page