Economics (AS & A Level) · May / June 2025 · Paper 12 · Question 23
9708Fiscal policy
An income tax has a tax-free allowance of $10 000 and a single rate of 25%. What type of tax is this?
- Aindirect
- Bprogressive
- Cproportional
- Dregressive
As printed in the paper
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Correct answer: B. progressive
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