QQuestionBusiness Law
QuestionBusiness Law
A sales tax is a type of
A. progressive tax.
B. indirect tax.
C. proportional tax.
D. direct tax.
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Answer
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Step 1I'll solve this problem step by step:
Step 2: Understand the key characteristics of different types of taxes
- Progressive tax: Tax rate increases as the taxable base (income) increases - Indirect tax: Tax levied on goods or services, not directly on a person's income - Proportional tax: Tax rate remains constant regardless of income level - Direct tax: Tax levied directly on an individual or property
Final Answer
Indirect tax
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