Regressive tax can be defined as 1. The one by which the revenue collected rises proportionally with income 2. The rates of tax increase for increasing values or volumes on which the tax is levied 3. The one where the proportion of tax paid falls as income rises

Regressive tax can be defined as 1. The one by which the re

1.	Regressive tax can be defined as 1. The one by which the revenue collected rises proportionally with income 2. The rates of tax increase for increasing values or volumes on which the tax is levied 3. The one where the proportion of tax paid falls as income rises
A.	1 only
B.	2 only
C.	3 only
D.	1, 2 and 3
Answer» D. 1, 2 and 3