progressive system of taxation implies that the

Economics

WAEC 1998

A. poor pay relatively more
B. tax rate falls as the tax base increases
C. tax rate increases as the tax base increases
D. average and marginal rate of tax will be the same
E. rich and the poor pay the same amount as tax

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Correct Answer: Option C

Explanation

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progressive system of taxation implies that the

Correct Answer: Option C

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