Correct Answer: Option B

Explanation

Indirect taxes; An indirect tax is a tax levied on goods and services rather than on income or profits. indirect taxes are regressive in nature. They are consumption based taxes. Service tax, value added tax,customs and excise duty etc are examples of 

Taxes are regressive when they impose a harsher burden on the poor than on the rich.

• I whant to know we're I supposed to be? Answer this

  1 Answers   ·   1 day ago
• can jss 3 students use this my school? Answer this

  1 Answers   ·   Mathematics   ·   2 weeks ago
• the bearing of ships A and B from a Port P are 225 and 116 respectively .ship A is 3.9km... Answer this

  3 Answers   ·   Mathematics   ·   5 years ago