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Question
Assertion (A): The rate of tax increases to a certain limit and then becomes constant.
Reason (R): This system is a combination of progressive tax and regressive tax.
Options
A is true but R is false.
A is false but R is true.
Both A & R are true R explains A.
Both A & R are true but R does not explain A.
Solution
A is true but R is false.
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