![Define and give advantages and disadvantages of proportional taxes Define and give advantages and disadvantages of proportional taxes](https://digitalteachers.co.ug/wp-content/uploads/2022/09/Bbosa-Science.png)
Define and give advantages and disadvantages of proportional taxes
A proportional tax (flat tax) is an income tax system that requires the same percentage of income from all taxpayers, regardless of their income.
Advantages of proportional tax
A proportional tax gives taxpayers incentive to earn more because people to be taxed at the same percentage of their annual income.
Disadvantage of proportional tax
Proportional tax is a regressive tax is a tax applied uniformly, taking a larger percentage of income from low-income earners than from middle- and high-income earners.
CATEGORIES Economics
TAGS Dr. Bbosa Science
You made a few fine points there. I did a search on the issue and found most folks will agree with your blog.
I all the timee emailed thiss wweb site powt page to aall myy associates, aas iif llike to read itt nnext myy
cotacts wiull too.