Which tax system requires all taxpayers to pay the same percentage of their income in taxes?
A)a regressive tax
B)a proportional tax
C)a progressive tax
D)a horizontal equity tax

Question

Quizplus · Accepted Answer

A proportional tax system requires all taxpayers to pay the same percentage of their income in taxes. This means that individuals with higher incomes will still pay more in absolute terms, but the percentage of their income paid in taxes will be the same as those with lower incomes.

Which Tax System Requires All Taxpayers to Pay the Same