JAMB - Economics (2015 - No. 31)
Mr. Patrick’s income is N900 while that of Mr. Shodawe is N1,300. if Mr. Patrick and Shodawe pay N90 and N130 as taxes, the tax system is
Direct
Progressive
Regressive
Proportional
Explicaţie
A Proportional tax applies the same tax rate to all individuals regardless of income.