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An example of a regressive tax is?

An example of a regressive tax is?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The personal income tax
  • B The graduated corporation income tax
  • C A general sales tax
  • D The inheritance tax
  • E The excise tax
Correct Answer: Option C
Explanation:
Examples of regressive taxes include sales taxes, user fees and, arguably, property taxes.

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