MCQOPTIONS
Saved Bookmarks
| 1. |
Q: Why the Indirect taxes are termed regressive taxing mechanisms? |
| A. | They are charged at higher rates than direct taxes |
| B. | They are charged the same for all income groups |
| C. | They are not charged the same for all income groups |
| D. | None of the above is a correct reason |
| Answer» C. They are not charged the same for all income groups | |