What do you understand by 'regressive taxation'?

1.	What do you understand by 'regressive taxation'?
A.	Taxation where the tax rate falls as taxable income rises.
B.	Taxation where the tax rate increases irrespective of fall or rise in taxable incomes.
C.	Taxation where the rate increase with the increase of taxanle income
D.	None of above
Answer» B. Taxation where the tax rate increases irrespective of fall or rise in taxable incomes.

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What do you understand by 'regressive taxation'?

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