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Income distribution and welfare

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Question 7

A government levies a national income tax using the bands and rates shown in the table below.

Annual Income (£)Tax Rate (%)
£0–£15,0005
£15,001–£60,00020
Over £60,00040

Which type of taxation is this?

Indirect

Proportional

Progressive

Regressive

Income distribution and welfare Questions

  1. A Level
  2. /Economics
  3. /Income distribution and welfare