Solved

The GST Is Considered a Regressive Tax Because

Question 119

Multiple Choice

The GST is considered a regressive tax because


A) food and drugs are often exempt.
B) the more a person makes, the lower the rate of sales tax applied to that person's purchase.
C) it is unfair.
D) poorer people pay a higher percentage of their income than richer people.
E) it is designed to discourage the purchase of certain products.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions