MCQOPTIONS
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| 1. |
Which of the following taxes is the one by which the revenue collected rises proportionally with income? 1. Regressive tax 2. Progressive tax 3. Corporate tax 4. Proportional tax |
| A. | 1 only |
| B. | 2 only |
| C. | 3 only |
| D. | 4 only |
| Answer» E. | |