Solved

G.S.T.is Considered a Regressive Tax Because

Question 128

Multiple Choice

G.S.T.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 that is 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