Mr. A earns N300 and pays N15 in tax. Mr. B earns N100 an...
Mr. A earns N300 and pays N15 in tax. Mr. B earns N100 and pays N6 in tax. This tax system can be described as?
Proportional tax
Progressive tax
Competitive tax
Excise tax
Regressive tax
Correct answer is E
No explanation has been provided for this answer.
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