Flat tax

A flat tax, also called a proportional tax, is a system that taxes all entities in a class (typically either citizens or corporations) at the same rate (as a proportion of income), as opposed to a graduated, or progressive, scheme. The term flat tax is most often discussed in the context of income taxes. The flat tax is not used in many developed countries on a national level, standing in contrast to the more widely used progressive income tax, in which citizens and corporations with higher incomes pay tax at a higher rate than those with lower income.

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Taxes: The word taxes can be (pronunciations in IPA):...

Citizen: REDIRECTCitizenship...

Corporation: A corporation is a legal entity (distinct from a natural person) that often has similar rights in law to those of a natural person. Civil law systems may refer to corporations as "moral persons;" they may also go by the name "AS" (anonymous society) or something similar, depending on language (see ...

Flat tax related Images and Photos (experimental)

Flat Iron	Flat Track	Flat Track	Flat Flyer
Tortilla Flat (Remastered)	The Flat Sea	Flat Track Drafting	Flat Irons Boulder Colorado
The Tax Collector	Salt Flat Land Speed Cloud	Flat Coated Retriever Xing Sign	Flat-Coated Retriever Leash Hook