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प्रश्न
Citing reasons state the superiority of Progressive tax over regressive tax.
उत्तर
Progressive tax is better than regressive tax because under a progressive tax system high income earners pay more than low income earners. And under regressive taxation the tax rate deceases as the income levels increases. High tax is collected, from low income earners and low from high income groups.
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संबंधित प्रश्न
The government imposes tax ______.
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
Name any two instruments of Fiscal Policy.
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
Distinguish between fiscal policy and monetary policy.
To which tax is this shifting of tax burden relevant?
Explain the term proportional taxation.
Which one is better progressive or regressive taxation and why?
Explain the term Impact of a tax.
Explain the state's role in achieving the objective of social justice in less developed countries.
