Proportional Tax

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August 25, 2024 3 min read Definitions
Proportional Taxation: A Fair Tax Rate Applied Equally Across Different Income Levels
Economics Finance Taxation Economics Proportional Tax Tax Systems Fiscal Policy
Proportional Taxation refers to a tax system where the tax rate remains consistent regardless of the taxpayer's income level. Unlike progressive or regressive taxation systems, proportional taxes ensure that all taxpayers are taxed at the same rate.
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