A redistribution of income in a country can be best brought about through: (a) progressive taxation combined with progressive expenditure

Question

A redistribution of income in a country can be best brought about through: (a) progressive taxation combined with progressive expenditure

A redistribution of income in a country can be best brought about through:

(a) progressive taxation combined with progressive expenditure

(b) progressive taxation combined with regressive expenditure

(c) regressive taxation combined with regressive, expenditure

(d) regressive taxation combined with progressive expenditure

Monjur Alahi

5 views

2025-01-04 04:42

1 Answers

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

(b) Progressive Tax is a process in which as the income of a person increases, rate of income tax on the income also goes up. Regressive Tax is the process according to which as income of a person goes up, rate of tax goes down. A progressive tax structure improves the distribution of income.

5 views Answered 2023-02-05 15:29