PROPORTIONAL TAX
(noun)Did you mean?
Definitions
There is 1 meaning of the phrase
Proportional Tax.
Proportional Tax - as a noun
Any tax in which the rate is constant as the amount subject to taxation increases
Example Sentences
"A proportional tax is a type of tax in which the tax rate remains constant as the taxable base increases."
"Some argue that a proportional tax is fairer than a progressive tax because everyone pays the same percentage of their income."
"In a system with a proportional tax, a person earning twice as much as another will pay twice as much in taxes."
"The government implemented a proportional tax scheme to simplify the tax code and promote transparency."
"A proportional tax can be regressive if it affects low-income individuals disproportionately."
