In case of regressive tax, the larger the income of a tax-payer.(a) sm – InterviewSolution

1.	In case of regressive tax, the larger the income of a tax-payer.(a) smaller is the proportion of tax levied (b) tax is levied at the constant rate (c) greater is the proportion of tax levied (d) zero tax is levied
Answer» Correct option: (a) smaller is the proportion of tax levied

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