Progressive tax structure is designed to?

By: |Published on: Aug 5|Categories: Economics WAEC| 0 comments

A. take more from the income of the poor
B. take more from the income of the rich
C. take an equal proportion of income from both the rich and the poor
D. reduce the problems emanating from tax imposition

Correct Answer:

Option B – take more from the income of the rich

Users Also Read These:

SEE ALSO  Under normal circumstances, a producer will bear the entire burden of taxation on his output if the?

Copyright warnings! Do not copy.