A tax system in which the income earner pays a fixed percentage of his income...

Economics

NECO 2007

A tax system in which the income earner pays a fixed percentage of his income annually is known as …………. tax.

A. direct
B. indirect
C. progressive
D. proportional
E. regressive

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Correct Answer: Option D

Explanation

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A tax system in which the income earner pays a fixed percentage of his income...

Correct Answer: Option D

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