Economics WAEC

A form of tax that is mildly progressive and regressive is?

A. Proportional tax
B. Progressive tax
C. Regressive tax
D. Digressive tax

Correct Answer: Option D

D. Digressive tax

Explanation

Digressive tax are not very steep i.e a tax may be progressive up to a certain limit, after that it may be charged at a flat rate i.e Regressive.

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