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31 March, 22:00

In this type of income tax system people who earn less pay a larger part of their income in taxes than people or more is what

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  1. 31 March, 22:50
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    What is a 'Progressive Tax'

    A progressive tax is a tax that imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer's ability to pay. That means it takes a larger percentage from high-income earners than it does from low-income individuals

    Read more: Progressive Tax
  2. 1 April, 00:07
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    The type of tax that is for those people who earn less pay a larger part of their income in taxes than people or more is called a proportional tax. In addition, this specific kind of tax mainly revolves around the idea that the amount of tax issued is in accordance with the subject that is taxed.
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