Economy, asked by Arkam0025, 9 months ago

Indirect Taxes are generally progressive in nature .Do you agree? (Give reasons to justify)

Answers

Answered by jefferson7
0

Indirect Taxes are generally progressive in nature .Do you agree? (Give reasons to justify)

Explanation:

Direct taxes are usually progressive. Indirect taxes are usually regressive. Therefore, the burden of tax can be distributed progressively only when the ratio of indirect taxes to direct taxes is low.

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