Why the Indirect taxes are termed regressive taxing mechanisms? - Study24x7
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40 followers study24x7 06 Jul 2021 11:36 AM study24x7 study24x7

Why the Indirect taxes are termed regressive taxing mechanisms?

A

They are charged at higher rates than direct taxes

B

They are charged the same for all income groups

C

They are not charged the same for all income groups

D

None of the above is a correct reason

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