Economics · Oct / Nov 2022 · Paper 12 · Question 17
2281Fiscal policy
The table shows the rate of income tax paid at different income levels. | level of income $ | rate of income tax % | |---|---| | 30 000 | 20 | | 40 000 | 30 | | 50 000 | 40 | What describes this type of tax?
- Aindirect
- Bprogressive
- Cproportional
- Dregressive
As printed in the paper
Show the answer
Correct answer: B. progressive
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