Public Finance - Jamb Economics Past Questions and Answers

Question 141:

• JAMB 2021

If Mr. A earns N2.000 a year while Mr. B earns N8000 but Mr. A pays N200 in tax per annum while Mr. B pays N400, such tax is ____________

A. Progressive
B. Proportional
C. Indirect
D. Regressive

Question 142:

• JAMB 2021

The PAYE ( Pay As You Earn) in Nigeria is an example of ____________

A. Flat rate Tax
B. Community tax
C. Regressive tax
D. Progressive tax