Y5

Economics in the News April 27, 2015 Read the news article, Most Indians pay zero income tax, and then answer the following questions. 1. How much does an average Indian worker earn and at what level of earnings do Indian workers pay income tax? An average Indian worker earns Rupees 80000 per year and Indian workers pay income tax when they earn over Rupees 250000 per year. 2. Is India's income tax progressive, regressive, or proportional? India's income tax is O A. regressive O B. progressive O C. proportional 3. Does India's income tax result in a more equal distribution of income? India's income tax _ in a more equal distribution of income. O A. results O B. does not result 4. Is it fair that most Indians pay no income tax? It _fair that most Indians pay no income tax. O A. is O B. isn't