brianna6081 brianna6081

23-05-2024
Social Studies

Answered

Question 8
A flat tax can also be called a...
O proportional tax.
O a progressive tax.
◇ a regressive tax.
O a luxury tax.

Answer :

GinnyAnswer GinnyAnswer

23-05-2024

Final answer:

A proportional tax, also known as a flat tax, applies a constant tax rate to all income levels.

Explanation:

Proportional Tax: Also known as a flat tax, it applies the same flat tax rate to all income levels, ensuring the tax percentage remains constant regardless of income. For example, a person making [tex]$20,000 would pay the same rate as one making $[/tex]120,000 under a proportional tax system.

Learn more about tax structures here:

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