Answered

IDNLearn.com is designed to help you find reliable answers to any question you have. Ask your questions and get detailed, reliable answers from our community of experienced experts.

Which type of tax system has the same tax rate for all income levels?

A. Direct
B. Regressive
C. Progressive
D. Proportional

Sagot :

GinnyAnsweridn

Final answer:

A proportional tax system applies the same tax rate to all income levels, ensuring equality in tax payments.


Explanation:

A proportional tax system has the same tax rate for everyone regardless of income levels. This means that whether a person earns [tex]$20,000 or $[/tex]120,000, they would pay the same percentage of their income in taxes.

For example, in a flat tax system where the tax rate is 15%, both someone earning [tex]$30,000 and someone earning $[/tex]60,000 would pay $4,500 in taxes.

Proportional taxes are also known as flat taxes and are designed to ensure equality in tax payments among individuals.


Learn more about tax systems here:

https://brainly.com/question/30080832


We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Find reliable answers at IDNLearn.com. Thanks for stopping by, and come back for more trustworthy solutions.