Indirect taxes are generally?

A. progressive
B. regressive
C. equitable
D. proportionate

Correct Answer: Option B

B. regressive

Explanation

Indirect taxes: An indirect tax is a tax levied on goods and services rather than on income or profits. indirect taxes are regressive in nature. They are consumption-based taxes. Service tax, value-added tax, customs and excise duty, etc are examples of

Taxes are regressive when they impose a harsher burden on the poor than on the rich.