Proportional tax（比例税）A proportional tax is an income tax system that levies the same percentage tax to everyone regardless of income. A proportional tax is the same for low, middle, and high-income taxpayers. Proportional taxes are sometimes referred to as flat taxes.比例税指不论征税对象...
Proportional tax(比例税) A proportional tax is an income tax system that levies the same percentage tax to everyone regardless of income. A proportional tax is the same for low, middle, and high-income taxpayers. Proportional taxes are sometimes referred to as flat taxes. 比例税指不论征税对象...
Proportional tax(比例税) A proportional tax is an income tax system that levies the same percentage tax to everyone regardless of income. A proportional tax is the same for low, middle, and high-income taxpayers. Proportional taxes are sometimes referred to as flat taxes. 比例税指不论征税对象...
A proportional tax is sometimes referred to as aflat tax. It is an income tax system that levies the same percentage tax to everyone regardless of income. A proportional tax is the same for low, middle, and high-income taxpayers. In contrast, aprogressiveormarginal taxsystem adjusts tax rat...
Proportional tax, also referred to as proportional taxation, is a type of income tax in which all people share the same tax burden regardless of any outside factors, such as their income level. In other words, if a country has a proportional income tax system, both upper class and lower ...
proportional tax (redirected fromProportional taxes) Dictionary Thesaurus proportional tax A tax that charges the same percentage of income,regardless of the amount of income;also called a flat-rate tax. The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyri...
A proportional tax is a kind of income tax wherein all taxpayers are taxed at the same percentage rate, no matter how high or low their income. A proportional tax system means that everyone experiences the same tax rate, whether low, middle, or high-income. A proportional tax is quite ...
Related to proportional tax:degressive tax Graphic Thesaurus🔍 DisplayON AnimationON Legend Synonym Antonym Related </>embed</> taxation tax revenue enhan... proportion... noun Words related to proportional tax nounany tax in which the rate is constant as the amount subject to taxation increases...
Proportional Tax Example Individual taxpayers pay a set percentage of annual income regardless of how much they earn under a proportional income tax system. The fixed rate doesn't increase or decrease as income rises or falls. An individual who earns $25,000 annually would...
system useorganizational theoryLet x be an income before tax. We shall call it briefly income in what follows. Let an income tax satisfy the following three conditions: The marginal tax rate is progressive, i.e., the marginal tax is a nondecreasing function of the income x. The income ...