alleryWealth tax, gift tax and estate duty, which raised little revenue, were referred to as:
ACess levies
BToll taxes
CPaper taxes
DSin taxes
Answer & Solution
Correct answer: C. Paper taxes
1. They never brought in much revenue.
2. They were called paper taxes.
3. Estate duty is now abolished.
_Source: syllabus Introductory Macroeconomics, Chapter 5, Government Budget and the Economy._
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