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Which of the following actions can the parliament take with respect to any particular tax?
1. increase it
2. decrease it
3. abolish it
Select the correct answer using the codes given below.

1 and 2 only
2 only
2 and 3 only
1, 2 and 3
Explanation:

c) 2 and 3 only. Parliament can either decrease a tax or abolish it, but cannot increase it. A notable point.
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