A system in which all levels of income are taxed at the same rate. also called flat tax.
Related information about proportional tax:
- Proportional tax - Wikipedia, the free encyclopedia
A proportional tax is a tax imposed so that the tax rate is fixed. The amount of the tax is in proportion to the amount subject to taxation. "Proportional" describes a ...
- Proportional Tax Definition | Investopedia
A tax system that requires the same percentage of income from all taxpayers, regardless of their earnings. A proportional tax applies the same tax rate across ...
- proportional tax - The Free Dictionary
Noun, 1. proportional tax - any tax in which the rate is constant as the amount subject to taxation increases. revenue enhancement, tax, taxation - charge against ...
- What Is a Proportional Tax System? | Chron.com
A proportional tax system is one in which income tax is the same percentage of income from every person no matter how much income the person makes.
- Proportional Taxes - irs.gov - Internal Revenue Service
The sales tax is an example of a proportional tax because all consumers, regardless of income, pay the same fixed rate. Although individuals are taxed at the ...
- Proportional Taxes - irs.gov - Internal Revenue Service
define and give an example of a proportional tax. explain how a proportional ... A proportional tax, or flat tax, is a tax in which all income levels are taxed at the ...
- What is a Proportional Tax?
A proportional tax is a system in which the percentage of tax taken from a person's income is the same no matter how much money...
- proportional tax - AmosWEB
A tax in which the proportion of income paid in taxes is the same for all income levels. A proportional income tax exists if ever taxpayer pays exactly the same tax ...