Economy, asked by Sriduna9036, 11 months ago

discuss the progressive and proportional taxsystem and explain which tax system issuitable to india

Answers

Answered by Anonymous
0

Explanation:

Proportional, progressive, and regressive taxes. Taxes can be distinguished by the effect they have on the distribution of income and wealth. A proportional tax is one that imposes the same relative burden on all taxpayers—i.e., where tax liability and income grow in equal proportion.

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