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What is a tax in which everyone pays the same percentage regardless of their income also known as a flat tax )? Quizlet?Most studied answer. Proportional tax is a tax structure for which the percentage of income paid in taxes is the same for all levels of income; a "flat tax" where everyone pays the same percentage, like ten percent on all income levels regardless of the amount of income.
What is it called when everyone pays the same tax?A proportional tax applies the same tax rate to all individuals regardless of income. A progressive tax imposes a greater percentage of taxation on higher income levels, operating on the theory that high-income earners can afford to pay more.
Under which type of tax does everyone pay the same percentage of his earnings quizlet?A proportional tax is one which all people pay the same percentage of their earnings. A progressive tax takes a greater percentage of a person's income as it increases. A regressive tax takes a smaller percentage of a person's income as it increases.
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What is a tax in which everyone pays the same percentage regardless of their income quizlet?
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