Ask Question
1 May, 23:40

Select the correct answer from each drop-down menu. All of a country's citizens pay the an income tax that is 7% of their annual earnings. This tax is tax.

+1
Answers (1)
  1. 2 May, 00:24
    0
    All of a country's citizens pay the government an income tax that is 7% of their annual earnings. This tax is proportional tax.

    A proportional tax is understood as an income tax system where the same percentage of tax is levied on all taxpayers, regardless of their income. A proportional tax applies the same tax rate across low, middle, and high-income taxpayers.

    As oppose to a proportional tax, the progressive tax system, adjust tax rates by incomes.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Select the correct answer from each drop-down menu. All of a country's citizens pay the an income tax that is 7% of their annual earnings. ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers