Post Utme Oau 2025 Economics Question 12
Practice objective / multiple choice question 12 from the 2025 Post Utme Oau Economics examination.
A government is considering a tax reform to reduce income inequality. The current tax system has a progressive tax rate structure with a top marginal tax rate of 40%. The government wants to introduce a new tax system with a flat tax rate of 25%. If the government expects to collect the same amount of revenue as before, what is the new tax base?
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About This Question
This is Post Utme Oau 2025 Economics Question 12. It is one of the objective questions from the 2025 Post Utme Oau Economics examination.
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