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

Tâm lí học học và tìm hiểu về những gì
Which atom is abundant on earth​
Anyone willing to help on this worksheet?
how did the estates general fail to solve France's problems​
ajoke needs 400000 for her tuition. if her bank gives a 9% 180 day loan notes, with interest compounded daily, what would she owe at the end of 180 days? (assum
if x, y, and z are positive integers and 2^x * 3^y * 5^z = 54,000, what is the value of x + y + z
convert 17.25base base two to base 2​
A debt issued by a company as a negotiable instrument with a term of 9 months or less is a security that is exempt from registration and is called: A. a short-s
EASY 50 POINTS Which statement is not a step used when constructing an inscribed square?
How to prevent Hepatitis A?