A tax system in which the rich pays a higher percentage income as tax than the poor is known as ____________ - SchoolNGR

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A tax system in which the rich pays a higher percentage income as tax than the poor is ...

A tax system in which the rich pays a higher percentage income as tax than the poor is known as ____________

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Capital gains tax
B Progressive taxation
C Proportional taxation
D Regressive taxation
E Sales tax

Correct Answer: Option B

Explanation:

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