Asked by Alyssa Cansler on Jun 06, 2024
Verified
If all taxpayers pay the same percentage of income in taxes, the tax system is proportional.
Proportional
Referring to a relationship where changes in one item directly mirror changes in another, often expressed as a constant ratio.
Tax System
The legal framework and mechanisms through which taxes are imposed on individuals, corporations, and transactions in a country, shaping the distribution of tax burdens.
- Explore taxation principles and their application to tax fairness and efficiency.
Verified Answer
LM
Layni ManosJun 07, 2024
Final Answer :
True
Explanation :
A proportional tax system is one in which all taxpayers pay the same percentage of their income in taxes, regardless of their income level.
Learning Objectives
- Explore taxation principles and their application to tax fairness and efficiency.
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