rileysuxatmath1432 rileysuxatmath1432
  • 23-07-2020
  • Business
contestada

A "flat tax" on personal income, in which the same tax rate is applied to every dollar of income earned by each taxpayer, is an example of

Respuesta :

sandlee09
sandlee09 sandlee09
  • 27-07-2020

Answer:

proportional tax

Explanation:

The description stated in the question is an example of a proportional tax. Like mentioned, this is a type of income tax system that enforces the same percentage tax rate to every single individual regardless of their overall income. This applies to low, middle, and high-income taxpayers. Therefore, if a low-income tax individual is charged 10% then the middle and high-income taxpayers will also be charged 10%.

Answer Link

Otras preguntas

Solve the system of equations y=x2+4 y=x+6
What is the y intercept of the line with the equation 4x + 2 = 12
What was a major point of debate between Whigs and Democrats on economic policy?
Which of the three goals of persuasive speaking is the hardest to achieve
Which body region is lateral to the sternal region and superior to the brachial region?
how do I use logarithms when i haven't used it. math
What agriculture items were some Egyptian towns able to trade
Mr. Nielsen invested $250,000 in two different automobile companies. The first earned a 5% profit, and the second earned a 10% profit. If Mr. Nielson made 3 tim
Duplication in the gene encoding a protein involved in vision has enabled humans to acquire trichromatic vision, which is the ability to distinguish between red
how are vouchers used in the privatization process?