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Indirect taxes are taxes?

Economics
JAMB 1981

Indirect taxes are taxes?
  • A. which are levied on the incomes and profits of individuals and firms
  • B. whose incidence always falls on the consumer
  • C. which are based on the progressive principle
  • D. on casinos, airports and capitals gains
  • E. which are levied on people and economic units through the goods and services they purchase
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Correct Answer: Option E
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