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Question
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
Options
Progressive tax
Regressive tax
Direct tax
Proportional tax
Solution
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as proportional tax.
Explanation:
The proportional tax rate remains constant regardless of the taxpayer's income, as seen in examples such as the Goods and Services Tax.
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