Question 8

(a) What is a tax?

(b) Describe the following rates of taxation.
(i) Progressive tax
(ii) Proportional tax
(iii) Regressive tax

(c) Explain the following principles of a good tax system:
(i) Equity
(ii) Convenience
(iii) Economy

Theory

Question details

Exam body
WAEC
Subject
Economics
Year
2018
Question no.
#8
Type
Theory

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