Which of these best describes income tax? A. Regressive tax
B. Indirect tax
C. Direct tax
D. Proportional tax
Which of these best describes income tax?
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The correct answer is C. Direct tax.
Income tax is considered a direct tax because it is levied directly on the income of individuals or entities. This means that the tax is paid straight to the government based on the earnings of the taxpayer, unlike indirect taxes, which are included in the price of goods and services. If you have any more questions or need further explanation, feel free to ask!