Many a times we read in the financial newspapers about a term “Progressive Tax System”. Consider the following statements in this context: 

  1. Progressive tax is harsher on the poor sections of the society
  2. In Progressive tax, average tax rate is less than the marginal tax rate

Which among the above statements is / are correct?

[A] Only 1 is true
[B] Only 2 is true
[C] Both 1 & 2 are True
[D] Neither 1 nor 2 are true

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