Which of the following taxes is/are considered to be regressive in nature?

1. Goods and Service Tax

2. Income Tax

3. Cess

4. Value-added Tax 

Select the correct answer using the code given below

1
2 and 3 only
2
1, 3 and 4 only
3
1 and 4 only
4
1, 2, 3 and 4 
5
3 only

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